07/18/2011 Intraday Watering

[agnosia]

Europe getting hammered into the close-

http://finance.yahoo.com/intlindices?e=europe

[andyzaky]

Apple's Performance Post-Earnings

This chart is for Cobra's Market View only. It's a copyright (C) of Bullish Cross 2011. I wanted to post for everyone's information here. In the last 8 quarters following the financial crisis, Apple has opened in the green 7 times (87.5%). In the 6 out of 8 times Apple opened in the green, the opening price was the high of the day. In the 6/6 times Apple opened deep in the green, the opening price was the high of the day. The stock is down a month after its report in 5 out of the 8 quarters. So while it opens up 7/8 times, it ends up closing in the red in 5/8 times a month after it reports. See the chart below. Please do not repost this anywhere. Except for you Peter. You can post this in your report if you would like:

[ysc]

Screen shot 2011-07-18 at 8.12.01 AM.png

This chart is for Cobra's Market View only. It's a copyright (C) of Bullish Cross 2011. I wanted to post for everyone's information here. In the last 8 quarters following the financial crisis, Apple has opened in the green 7 times (87.5%). In the 6 out of 8 times Apple opened in the green, the opening price was the high of the day. In the 6/6 times Apple opened deep in the green, the opening price was the high of the day. The stock is down a month after its report in 5 out of the 8 quarters. So while it opens up 7/8 times, it ends up closing in the red in 5/8 times a month after it reports. See the chart below. Please do not repost this anywhere. Except for you Peter. You can post this in your report if you would like:

Thank you so much.

[KENA]

Anyone buying TNA to hold overnight.Right now i am just thinking.and that gets me in trouble.

[soku]

couple longer term charts from McClellan

[Cobra]

Screen shot 2011-07-18 at 8.12.01 AM.png

This chart is for Cobra's Market View only. It's a copyright (C) of Bullish Cross 2011. I wanted to post for everyone's information here. In the last 8 quarters following the financial crisis, Apple has opened in the green 7 times (87.5%). In the 6 out of 8 times Apple opened in the green, the opening price was the high of the day. In the 6/6 times Apple opened deep in the green, the opening price was the high of the day. The stock is down a month after its report in 5 out of the 8 quarters. So while it opens up 7/8 times, it ends up closing in the red in 5/8 times a month after it reports. See the chart below. Please do not repost this anywhere. Except for you Peter. You can post this in your report if you would like:

Thanks Andy, I know you'd appear. I'm really glad!

[Cobra]

couple longer term charts from McClellan

Hmm, this is nice, I never paid attention to a long term NYMO. Thanks.

[cougar]

GS breakdown:

[Dow Trader]

EUR 10-minutes update

[agnosia]

i like slight lower low on /es . i got a buy order in at 1293... positive divergence on 15min RSI

[tomsky]

couple longer term charts from McClellan

Hmm, this is nice, I never paid attention to a long term NYMO. Thanks.

Is it me or the negative div is forced, aka the index just made a triple top, not necessarily a lower high? I can't tell for sure because the pic is too small....
later edit: sry, i meant the previously 3 tops, not including thre last one which corresponds to a lower high as well in DJIA?

[Cobra]

ok, I see 3 push down here, and the bear's first reasonable trend line, so won't be surprised to see a rebound of some kind here.

[agnosia]

i like slight lower low on /es . i got a buy order in at 1293... positive divergence on 15min RSI

ok i got filled. stop is @ 1290. time for lunch...

[Cobra]

a little volume increase, not sure if the exhaustion bar is in, should be close though, let's see the next couple of bars.

[Mario TR]

target: 1288

[Cobra]

some support here, so I won't be surprised to see we at least consolidates here. But the bottom line, with RSP leading down, I won't worry too much for bears here. Someone tries hard to use some heavy weighted stocks to hold the index but that only delays the inevitable.

[99er]

Steak tartare?
RUT http://99ercharts.blogspot.com/2011/07/rut_18.html

[soku]

1293-1295 good supp. may see reb

how good is good supp. the market is challenging my chart reading. at least the quick reb is not happening.
well, i am a follower. i will have miss market lead.

[Cobra]

more volume increase, still think rebound is possible. Bulls need a H1 to confirm the rebound of course. let's wait and see. Those who follow me long enough should know I don't mean to buy, it's just the way I have to comment the market. I don't front run the market, I follow, for now, the trend is down. Even you want to buy dip, you should remember the rule to trade the reversal, you can find the rule in Getting Start which is another forum of this discussion board.

[BullBear52x]

Daily target hit, gap filled, bulls got to put up some fight here for the day. look at long date CCI here, not good, daily LH and crossed 0 line is no no for long term bulls.