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10/10/2011 Intraday Watering

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KENA
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Re: 10/10/2011 Intraday Watering

Post by KENA »

Strange the mkt has a problem breaking and holding the 118.33 P Bar area.Hold on and lets see.
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CognitiveDissonance
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Re: 10/10/2011 Intraday Watering

Post by CognitiveDissonance »

EvilTrader wrote:P-bars start playing out. :lol: :lol:

4th p bar now showing and yes, all at yesterday's close price. Never mind, 5th one sprouting.
@cognitivebias1
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Cobra
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Re: 10/10/2011 Intraday Watering

Post by Cobra »

soku wrote:
Cobra wrote:tinted area is the bearish 1-2-3 text book target. I see volume surge here so let's see the next bar. the 1-2-3 formation failure rates are very high.
now i know, it is not jet lag. it is the 123 pattern giving me a morning call. cobra is saying bad words about 123 during my absence. :twisted:
best case scenario, es to be rejected at 1182 then heading toward 1170. then overnight clear 1160 area for tomorrow.
Sorry, I thought you ware not here today. :roll: :ugeek:

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KENA
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Re: 10/10/2011 Intraday Watering

Post by KENA »

Another P Bar at 115.63 again.Sure priming ths area.
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Cobra
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Re: 10/10/2011 Intraday Watering

Post by Cobra »

another 2 bar reversal with follow through, volume surge, so the low might be in.
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StrikePrice
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Re: 10/10/2011 Intraday Watering

Post by StrikePrice »

Looks like post 10:30 we made a 3-3-5 Flat. I think we're making a triangle for 4 of the 5 of Wave C. Then I think we challenge 1199.
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Unique
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Re: 10/10/2011 Intraday Watering

Post by Unique »

I've had like 8 pbars to 115.6 today, but the thing is once I refresh it it's gone. Unlike that 118.34 at 12:30...
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StrikePrice
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Re: 10/10/2011 Intraday Watering

Post by StrikePrice »

StrikePrice wrote:Looks like post 10:30 we made a 3-3-5 Flat. I think we're making a triangle for 4 of the 5 of Wave C. Then I think we challenge 1199.
Oh. and best if we close below 118 to give bears hope this up is over.
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Al_Dente
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Re: 10/10/2011 Intraday Watering

Post by Al_Dente »

Incredible, they gonna short this down to the opening px? Tick lowest on day (bear)
Nyadv drops BUT NOT LIKE A STONE it is still 2700 (quite respectable “bull”)
unless nyadv starts dropping precipitiously, short-covering-weasel-bears could easily resume bull run
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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soku
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Re: 10/10/2011 Intraday Watering

Post by soku »

i am remote-access to my home computer. the bad part is i cannot see the jing icon. before i figure things out, no charts. :(
anyway i smell 5 point for the next movement. if down then my best case can still play out.
The goal is not uniformity. It is understanding and idea exchange.
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Cobra
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Re: 10/10/2011 Intraday Watering

Post by Cobra »

very strong bull bar. now a little resistance here.
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soku
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Re: 10/10/2011 Intraday Watering

Post by soku »

Cobra wrote:
soku wrote:
Cobra wrote:tinted area is the bearish 1-2-3 text book target. I see volume surge here so let's see the next bar. the 1-2-3 formation failure rates are very high.
now i know, it is not jet lag. it is the 123 pattern giving me a morning call. cobra is saying bad words about 123 during my absence. :twisted:
best case scenario, es to be rejected at 1182 then heading toward 1170. then overnight clear 1160 area for tomorrow.
Sorry, I thought you ware not here today. :roll: :ugeek:
:D i live here.
guess what i eat for dinner? snake!!! too many bones. not sure how to eat it. but the soup tastes good
The goal is not uniformity. It is understanding and idea exchange.
ddd
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Re: 10/10/2011 Intraday Watering

Post by ddd »

Coming back to check what will be going on in the last 15 min of trading. Looks we just had a little "correction". Missed it to add more longs, but that's ok.
uempel
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Re: 10/10/2011 Intraday Watering

Post by uempel »

P&F shows that 1190 is a wall:
SPX34.png
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Cobra
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Re: 10/10/2011 Intraday Watering

Post by Cobra »

soku wrote:
Cobra wrote:
soku wrote:
Cobra wrote:tinted area is the bearish 1-2-3 text book target. I see volume surge here so let's see the next bar. the 1-2-3 formation failure rates are very high.
now i know, it is not jet lag. it is the 123 pattern giving me a morning call. cobra is saying bad words about 123 during my absence. :twisted:
best case scenario, es to be rejected at 1182 then heading toward 1170. then overnight clear 1160 area for tomorrow.
Sorry, I thought you ware not here today. :roll: :ugeek:
:D i live here.
guess what i eat for dinner? snake!!! too many bones. not sure how to eat it. but the soup tastes good
:roll: , next time try my big brother, I'm sure it'll be tasty.
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rhight
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Re: 10/10/2011 Intraday Watering

Post by rhight »

Here is one for Cobra.

Considering the Trading Markets TPS strategy:
1 day above RSI(2) = 75
2 nd day above RSI(2) = 75 then buy 10%
3 rd day etc. etc
10, 20, 30, 40%
Then sell when RSI(2) < 30.

OK, so what happens when there is an intervening close below RSI(2) = 75 (as just happend)
Would today's close count as the 20% entry day?
Swing to Intermediate SPX Analysis - multiple time frame - Daily & 60 min time and price cycle analysis.
Usually trade SSO / SDS
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soku
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Re: 10/10/2011 Intraday Watering

Post by soku »

soku wrote:i am remote-access to my home computer. the bad part is i cannot see the jing icon. before i figure things out, no charts. :(
anyway i smell 5 point for the next movement. if down then my best case can still play out.
too bad the 5 point is to the up side. now the structure is slightly different.
i guess we will wait for the chinese to determine how good the bank stock purchase is. i am not holding anything for today.
The goal is not uniformity. It is understanding and idea exchange.
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Al_Dente
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Re: 10/10/2011 Intraday Watering

Post by Al_Dente »

10 min left and they try mini squeeze into close
TLT just reversed to bull spy
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 10/10/2011 Intraday Watering

Post by Cobra »

nothing to say, 10 min to go, I said low was in. let's see how market closes today, should be pretty much guarantee another higher high tomorrow.
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rhight
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Re: 10/10/2011 Intraday Watering

Post by rhight »

uempel wrote:P&F shows that 1190 is a wall:
That said, TRIN is spooky bullish today.
Swing to Intermediate SPX Analysis - multiple time frame - Daily & 60 min time and price cycle analysis.
Usually trade SSO / SDS
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