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10/13/2011 Intraday Watering

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Cobra
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10/13/2011 Intraday Watering

Post by Cobra »

Gap down below yesterday's range so there're some chances the gap won't be filled today.

The Global ES may look like a breakdown of a primary bull trend line then kiss the line goodbye but so far the pullback looks like a bull flag. So the bottom line, if the drop is reluctant not sharp, it's bull flag therefore it's a buy. Rarely a push up we had in the past 7 days is just 1 legged.
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grachu
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Re: 10/13/2011 Intraday Watering

Post by grachu »

Cobra your funny thanks for making smile . you are the man. What level would it make it sharp? what level?
MM111
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Re: 10/13/2011 Intraday Watering

Post by MM111 »

Morning Cobra and all.

Is this a buy signal? I take it we would have to try and test highs again or at least consolidate in the high region (1210-1215)before we decide whether to turn down. Therefore up I guess :roll:
cougar
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Re: 10/13/2011 Intraday Watering

Post by cougar »

Good morning!
UPRO: a possible opening under 54 would be “bearish”.
Would that be an “island reversal”?
==============
I am out of UPRO. I use it only because it moves well, reflecting basically SPY + some sentiment bias, particularly in vol. fluctuations.
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cougar
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Re: 10/13/2011 Intraday Watering

Post by cougar »

My levels for SPY (update)
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msbinter
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Re: 10/13/2011 Intraday Watering

Post by msbinter »

TOP !!
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cougar
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Re: 10/13/2011 Intraday Watering

Post by cougar »

QQQ ready for a drop, after touching the 6/8
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99er
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Re: 10/13/2011 Intraday Watering

Post by 99er »

tdo722
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Re: 10/13/2011 Intraday Watering

Post by tdo722 »

Fundamentally, today is a red day so keep that in mind.
agnosia
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Re: 10/13/2011 Intraday Watering

Post by agnosia »

hey guys. crude is trying to kiss the 3 day rising channel goodbye .. it's near 84.77. we have good support at 84 but if that breaks today look for 82.98 gap or 82.20 (38% retrace).. if we get a good inventory report we could break right through to the 85.57 close from yesterday. good luck.
cougar
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Re: 10/13/2011 Intraday Watering

Post by cougar »

VIX will reenter the game.
Lots of Nov. calls were bought yesterday, during the last hour.
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AK84
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Re: 10/13/2011 Intraday Watering

Post by AK84 »

Morning All.

Game plan for AAPL. Short at open ...will stay below 406. Test 396 at which point im out of the Day trade . Then we'll see.


Cobra. I see Futures down only 4 points....why would u say big gap down and wont b filled ? seems small to me .
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Cobra
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Re: 10/13/2011 Intraday Watering

Post by Cobra »

the open. too stretched. by the way, I may have network problem today, so if you lose my voice here, just don't miss me although I know you will. :mrgreen:
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knock
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Re: 10/13/2011 Intraday Watering

Post by knock »

msbinter wrote:TOP !!
what graph is this?
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Re: 10/13/2011 Intraday Watering

Post by 99er »

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KENA
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Re: 10/13/2011 Intraday Watering

Post by KENA »

For the P Bar fans lets see if we can fill the 119.63.I don,t know if the P Bars on mon and Tue would be in play now or not.May someone can ans. this.Waite and see.
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jarbo456
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Re: 10/13/2011 Intraday Watering

Post by jarbo456 »

KENA wrote:For the P Bar fans lets see if we can fill the 119.63.I don,t know if the P Bars on mon and Tue would be in play now or not.May someone can ans. this.Waite and see.
more importantly let's see if we can decisively break below the premarket low of 119.56...that would be encouraging at least.
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