06/23/2011 Intraday Watering

[soku]

the battle around es 1266 is critical. if lost, es should quickly visit 1261 area then all reversal patterns will be failed. personally i still favor a bearish play.

when i said that, i forgot the vwap at 1264.75. usually on a v shape day, u don't expect it to work, but it may.

[KENA]

Trin at 1.73 heading for 2.00.Fun is starting. Lets see

[Wallstreetrader]

Maybe another bear flag at minute chart, very curious about the end of the day into pre weekend.

[HK88]

Another suspicious thing: NYSE down 1.5% but not even close to MDD

[progruss]

Good Afternoon All,

With Cobra's permission I am posting a link to a 1-question survey on market direction. With such a good mix of bulls and bears -and snake(s)- I thought it would be neat to get a quick vote from you guys as to where the market may be headed from here. I will post the results before the closing bell.

http://www.surveymonkey.com/s/SSVYMSH

Thanks everyone and thank you Cobra for letting me post this!

[Cobra]

another failed rebound, so far does look like a bear flag.

[Wallstreetrader]

And we lost the 50% FIB

[pidge66]

The up channel, or bear flag?

[endangered510]

Market is mirroring tick by tick the EUR/USD

http://www.fxstreet.com/rates-charts/live-charts/

[Wallstreetrader]

Breached already , I see that too.

[99er]

SPX
Heads Up!
http://99ercharts.blogspot.com/2011/06/spx_2172.html
Or should that be "Down."?

[soku]

the battle around es 1266 is critical. if lost, es should quickly visit 1261 area then all reversal patterns will be failed. personally i still favor a bearish play.

when i said that, i forgot the vwap at 1264.75. usually on a v shape day, u don't expect it to work, but it may.

call me chicken. i covered half at 1261.75. u guys scared me.

[gigeze787]

Market is mirroring tick by tick the EUR/USD

http://www.fxstreet.com/rates-charts/live-charts/

I'm long EUO (short euro)...the PTB goosed the euor after Europe closed, but reversal began at ~1.35p ET...

Anyone have any ideas on a short-term euro target?

[Cobra]

strong rebound, doesn't look like a final push up, but let's wait and see.

[gigeze787]

...I'm long EUO (short euro)...the PTB goosed the euor after Europe closed, but reversal began at ~1.35p ET...Anyone have any ideas on a short-term euro target?

Looks like we just got the answer.

[HK88]

There must be some news here

[soku]

wtf? what's going on?

[SigmaEcho]

There must be some news here

Greeks agreed on EU austerity plan.

[KENA]

SPX
Heads Up!
http://99ercharts.blogspot.com/2011/06/spx_2172.html
Or should that be "Down."?

Maybe your MACD will go to red.It is close.Thanks

[divideby9]

Greek news...