10/10/2011 Intraday Watering

[Unique]

2 hrs. Bears will win.

[heavenskrow]

2 hrs. Bears will win.

Im beginning to suspect that as well.

[Dow Trader]

[spuderik]

For all the 09/27 watchers, the breakdown started around 2:30PM EST and established the current resistance at ~1195 which the market hasn't broken yet today. It has broken the 50 day SMA on an intra-day basis, and tested the 50 day EMA. As Uempel has posted, there are still a couple resistance zones left in 1190s and of course whole number 1200 resistance.

I think the Slovakia vote tomorrow will go a long way toward determining whether tomorrow is a "turnaround Tuesday" or not.

[Be4chst]

Today's move won't mean anything if volume is low. In fact, it'll be good for the bears to short here.

[RealMoneyIssues]

Today's move won't mean anything if volume is low. In fact, it'll be good for the bears to short here.

Bears are on vacation. Mom & Pop are thinking today is a good day to buy... Once the Bears get back, the bloodbath will begin

[bullbear52]

RSI(5) Daily = 80 time to get caution bulls.
SPY < 118 before Bears can go to the bank.

[fehro]

Next target 1270.... sounds crazy... but so did 1190 .. last week

[ramram]

bonds - starting to find a bid again.

[Dow Trader]

First short term test for today's upleg in the cash

[quientuves]

For all the 09/27 watchers, the breakdown started around 2:30PM EST and established the current resistance at ~1195 which the market hasn't broken yet today. It has broken the 50 day SMA on an intra-day basis, and tested the 50 day EMA. As Uempel has posted, there are still a couple resistance zones left in 1190s and of course whole number 1200 resistance.

I think the Slovakia vote tomorrow will go a long way toward determining whether tomorrow is a "turnaround Tuesday" or not.

http://www.zerohedge.com/news/11th-hour ... f-decision

Slovakian vote is not clear...

[uempel]

September 27 pattern still looking viable:

[BillyRipken]

Market may finish on HOD

[seekingknowledge]

IWM with two phantom prints.

IWM_PB.png

anyone want to confirm that? thats very scary looking!

Don't see them on TDA using Strategy Desk.

[Al_Dente]

TLT little breakout, barely whispering bear spy (while bond mkt closed?)
NYADV high on day HOD was 2816 at 1:31 ish ET, now relaxing to still-monster-bull ~2767.
Translation: in the last hour, only 49 stocks have “dropped out” of the nyadv bull data, and they went either unchanged or negative (2816 – 2767 = 49)
The “bulls” still have green light, but lower low SPY here would b pretty impt
Update: http://stockcharts.com/h-sc/ui?s=SPY&p= ... =244514321

[bullbear52]

I am bearish so here another sign of weakening DBV here.

[ActiveTrader]

[rola]

Next target 1270.... sounds crazy... but so did 1190 .. last week

What about overbougt,target 1050...?

[Al_Dente]

PAGING GUAKAM:
“Just Buy The F***ing Dip .. it's from ZeroHedge animation video, where frustrated bears would describe the bulls mentality. When QE2 was going on, every dip was immediately bought …..”
Thanks 4 jbtfd ……and thanks for spelling it cryptically… I just tell the kids it means “fuggettaboutit.” They run around house yelling fuggettaboutit, fuggettaboutit, dog all barky barky chasin em…
(PS: that seekingknowledge make us work too hard, like that ol’ michelle)

[Dow Trader]

Market may finish on HOD

intresting to see where we close