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08/04/2011 Intraday Watering

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uempel
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Re: 08/04/2011 Intraday Watering

Post by uempel »

Cobra wrote:well, looks like no need to argue whether the H&S top is for real anymore, guess the 55% * text book target is almost reached today so it counts as a successful pattern.

Yeah, you were right about that. I had completely lost faith in SPX's H&S patterns.
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shumushu
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Re: 08/04/2011 Intraday Watering

Post by shumushu »

My god, 39:1 and 34.72:1 , feels liek 2008
agnosia
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Re: 08/04/2011 Intraday Watering

Post by agnosia »

ok guys we almost reached the bottom of the wedge on the /es.. one more push down? wedge ends at 1210.
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KENA
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Re: 08/04/2011 Intraday Watering

Post by KENA »

I'm out,going to watch.We broke 11600 and thats not good..Util broke 419 thats not good.I think we are heading lower vix spiked up.lets see.
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Re: 08/04/2011 Intraday Watering

Post by Dow Trader »

The big picture with basics 8-)
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ES 6.JPG
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KENA
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Re: 08/04/2011 Intraday Watering

Post by KENA »

The mkt broke the 38.2 fib.now wait and see.
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99er
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Re: 08/04/2011 Intraday Watering

Post by 99er »

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Cobra
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Re: 08/04/2011 Intraday Watering

Post by Cobra »

small trend line here. info only.
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shumushu
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Re: 08/04/2011 Intraday Watering

Post by shumushu »

I moved my stop to 1217.75
agnosia
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Re: 08/04/2011 Intraday Watering

Post by agnosia »

wow. second crash for silver this year ! war gap on crude at 87.35 down to 85.95.
agnosia
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Re: 08/04/2011 Intraday Watering

Post by agnosia »

Cobra wrote:small trend line here. info only.
cobra, one more push down you think?
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Cobra
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Re: 08/04/2011 Intraday Watering

Post by Cobra »

agnosia wrote:
Cobra wrote:small trend line here. info only.
cobra, one more push down you think?
normally yes.

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Mr. T
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Re: 08/04/2011 Intraday Watering

Post by Mr. T »

Cramer said last night: "The market rallied on oil going down below $93 - once it's below $90, we're going to rally!!!!"

Hate that POS Cramer.
-T

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Petsamo
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Re: 08/04/2011 Intraday Watering

Post by Petsamo »

I was able to scalp short, but I covered too quickly! Image
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99er
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Re: 08/04/2011 Intraday Watering

Post by 99er »

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davros
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Re: 08/04/2011 Intraday Watering

Post by davros »

agnosia wrote:wow. second crash for silver this year ! war gap on crude at 87.35 down to 85.95.
still holding the trendline, just
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Cobra
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Re: 08/04/2011 Intraday Watering

Post by Cobra »

very powerful rebound, but so far still looks like a bear flag. let's wait and see, I won't put too much faith on either bears or bulls. :roll:
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cc2265
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Re: 08/04/2011 Intraday Watering

Post by cc2265 »

Cobra wrote:small trend line here. info only.
It seems more down days ahead, right?
uempel
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Re: 08/04/2011 Intraday Watering

Post by uempel »

In this very long term chart the dotted blue trendline is showing support:
SPX7.png
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