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06/14/2011 Intraday Watering

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99er
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Re: 06/14/2011 Intraday Watering

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Re: 06/14/2011 Intraday Watering

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Re: 06/14/2011 Intraday Watering

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Sqwii
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Re: 06/14/2011 Intraday Watering

Post by Sqwii »

Cobra you agree with me - that the next move down from here might be below SPY 127 and SPX 1270 area ? I think we could see that level next few days from here
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Cobra
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Re: 06/14/2011 Intraday Watering

Post by Cobra »

Sqwii wrote:Cobra you agree with me - that the next move down from here might be below SPY 127 and SPX 1270 area ? I think we could see that level next few days from here
no idea yet, let's see how this rebound unfolds first.

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Cobra
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Re: 06/14/2011 Intraday Watering

Post by Cobra »

technically, it's H4, but let's say H2 at EMA20 long, should have very good chances, but if even this perfect setup failed here, then bulls should be careful, the rebound is not as strong as it appears.
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TrendTrade
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Re: 06/14/2011 Intraday Watering

Post by TrendTrade »

Hey Cobra,

Just a quick question, but I am pretty new to this blog. What does H1, H2, L1 L2 etc. mean? Are these pivots
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quientuves
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Re: 06/14/2011 Intraday Watering

Post by quientuves »

Trendtrade, you must go to "Getting started" section.
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Re: 06/14/2011 Intraday Watering

Post by TrendTrade »

Ok. thanks
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Cobra
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Re: 06/14/2011 Intraday Watering

Post by Cobra »

good, very good, now let's see how the breakout unfolds, we'll know soon if the rebound is for real or just another bull trap.
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99er
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Re: 06/14/2011 Intraday Watering

Post by 99er »

cougar
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Re: 06/14/2011 Intraday Watering

Post by cougar »

I have SPY resistance/breakout zone around 129.5
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99er
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Re: 06/14/2011 Intraday Watering

Post by 99er »

RUT
So finally a decent bounce...
http://99ercharts.blogspot.com/2011/06/rut_14.html
Bears will be back with a vengeance.
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Cobra
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Re: 06/14/2011 Intraday Watering

Post by Cobra »

i see ascending triangle here plus measured move, so both text book target are the same. let's see.
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PRI
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Re: 06/14/2011 Intraday Watering

Post by PRI »

Cobra wrote:i see ascending triangle here plus measured move, so both text book target are the same. let's see.
Hi Cobra,
Is that target 129.8 ish?
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silverharp
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Re: 06/14/2011 Intraday Watering

Post by silverharp »

SPX Futures, hope we get up there

spxspx.jpg
90ufo
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Re: 06/14/2011 Intraday Watering

Post by 90ufo »

Cobra: in your chart book, you haven't updated 6.4.1b extreme high $NYADV (>2600) for a while, is it because it's not enough edge lately?
today $NYADV =2560 so far, have potential to trigger some exteme reading.
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Re: 06/14/2011 Intraday Watering

Post by 99er »

Sqwii
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Re: 06/14/2011 Intraday Watering

Post by Sqwii »

Overall I would become bullish if SPY takes out 129.5-129.6 with good volume - if not I would still be bearish.... just a move to resistance and backtest.
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Re: 06/14/2011 Intraday Watering

Post by Sqwii »

Looking at FXE (Euro) 30min and 60min very overbought now - favours that bears will take the control over next days imho
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