06/23/2011 Intraday Watering

[BullBear52x]

Nothing going on now? I am taking off early today, I don't see any big move any time soon maybe before the close???

[KENA]

It looks like we could break out of this area...If so then looking for 1250area next stop.

[99er]

DX
But honey, can we really afford Europe?
http://99ercharts.blogspot.com/2011/06/dx_23.html

[soku]

It looks like we could break out of this area...If so then looking for 1250area next stop.

spx? i project / hope for 1246 on /es. we r on the same page again.

[JJS612]

They are quoting down volume at 90%, how does this impact your expected recovery play Cobra. Looks like they will continue down until Europe closes.

[HK88]

DX
But honey, can we really afford Europe?
http://99ercharts.blogspot.com/2011/06/dx_23.html

Close above 76.5 and game over, official uptrend...

[uempel]

Nice chart, but at the moment it's just wait and see, nothing tradeable:

[BullBear52x]

It looks like we could break out of this area...If so then looking for 1250area next stop.

agreed, I also got my bottom target at 123.88 per Fib extensions measurement, but that's that, I am just being cautious taking 80% off the table and now wait for another good re-entry. RSI is so low now, let the 20% on train still.

[StrikePrice]

2nd rebound on it's way. I'm trying a tiny long.

[KENA]

Cobra..I just looked to see who is on line..Atendence is way up..Very very good.

[BBFinance]

DX
But honey, can we really afford Europe?
http://99ercharts.blogspot.com/2011/06/dx_23.html

Your charts are gr8, but for non TA person, need some analysis and what you see in them.
Thanks,

[Anaconda]

I see 4 clear waves since May 2 high. We are working on the 5th one down, today. I think we go down more tomorrow, into the weekend and then pop up on Monday.

[silverharp]

we had a lot of cobra's 3 downs including EURUSD 5min

[StrikePrice]

Cobra..I just looked to see who is on line..Atendence is way up..Very very good.

Cobra must be making the big bucks right now, where is the snake?

[99er]

Gold
Update.
http://99ercharts.blogspot.com/2011/06/gold_23.html

[99er]

Silver
Update.
http://99ercharts.blogspot.com/2011/06/silver_23.html

[99er]

Crude
Update.
http://99ercharts.blogspot.com/2011/06/crude_23.html

[cc2265]

nop, it is not ETF

contango still eating UNG, i am think short UNG this Sept with little more money

Does LNG falls under "natural gas" category? I have some in my IRA.

[KENA]

It looks like we could break out of this area...If so then looking for 1250area next stop.

agreed, I also got my bottom target at 123.88 per Fib extensions measurement, but that's that, I am just being cautious taking 80% off the table and now wait for another good re-entry. RSI is so low now, let the 20% on train still.

Yes..What is your time frame..I was thinking I would not be surprised to see 125.75 Later today/ttomorrow

[Cobra]

tinted area as text book target. 80% chances.