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10/24/2011 Intraday Watering

rocstocktrader
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Re: 10/24/2011 Intraday Watering

Post by rocstocktrader »

Interesting stock market video on S&P 500 making a remarkable recovery.

How it is back at a crucial Fibonacci retracement level which could present major problems for this index.

It can be found on the right sidebar under tools-free trading videos2.

http://stk.ly/qYFCaS
StrikePrice
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Re: 10/24/2011 Intraday Watering

Post by StrikePrice »

StrikePrice wrote:Look for SPY below 125.41 at 2:30. That will confirm my sell signal. I anticipated the signal, which is what we must do to gain edge.
Valid Sell Signal triggered at 3:30. Not sure if we hit 5 of 5 or we're in 4 of 5. Tomorrow's open should reveal the Truth.
Dow Trader
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Re: 10/24/2011 Intraday Watering

Post by Dow Trader »

Unique wrote:
Unique wrote:SPY should retest 1min 100sma here, or else we''re going to dive baby :D

SHORT!
Oh yeah baby. Go go bears! :D :P. Test 123, then it'll probably consoldiate a little bit and retry.
watch this area for today before the close ( support ) 8-)
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SB73
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Re: 10/24/2011 Intraday Watering

Post by SB73 »

Let's see if we ge a kick save into close like the last 4 session if memory serves me correct.
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Al_Dente
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Re: 10/24/2011 Intraday Watering

Post by Al_Dente »

waverider wrote:SPY just broke a three day support trend line.
Hi wavy, good catch thanks
Also, first time all day spy testing vwap
first time all day 5m tick dropped below zero line
mmmmm
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Richarab
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Re: 10/24/2011 Intraday Watering

Post by Richarab »

SB73 wrote:Let's see if we ge a kick save into close like the last 4 session if memory serves me correct.
*punt* here it goes.
SB73
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Re: 10/24/2011 Intraday Watering

Post by SB73 »

Richarab wrote:
SB73 wrote:Let's see if we ge a kick save into close like the last 4 session if memory serves me correct.
*punt* here it goes.
No kick save would be good for bears...another kick save probably means higher high tomorrow.
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waverider
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Re: 10/24/2011 Intraday Watering

Post by waverider »

Richarab wrote:
SB73 wrote:Let's see if we ge a kick save into close like the last 4 session if memory serves me correct.
*punt* here it goes.
vwap bounce
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"

-Jesse Livermore
pady
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Re: 10/24/2011 Intraday Watering

Post by pady »

StrikePrice wrote:
StrikePrice wrote:Look for SPY below 125.41 at 2:30. That will confirm my sell signal. I anticipated the signal, which is what we must do to gain edge.
Valid Sell Signal triggered at 3:30. Not sure if we hit 5 of 5 or we're in 4 of 5. Tomorrow's open should reveal the Truth.

True. Today we are following like how Asia traded - fell off at the close. Still danger area to short as stoch so high.
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Richarab
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Re: 10/24/2011 Intraday Watering

Post by Richarab »

waverider wrote:
Richarab wrote:
SB73 wrote:Let's see if we ge a kick save into close like the last 4 session if memory serves me correct.
*punt* here it goes.
vwap bounce
euro not helping
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waverider
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Re: 10/24/2011 Intraday Watering

Post by waverider »

bonds confirming a bounce to close up spy.
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"

-Jesse Livermore
SB73
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Re: 10/24/2011 Intraday Watering

Post by SB73 »

Did we just kiss the broken wedge goodbye?
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MrMiyagi
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Re: 10/24/2011 Intraday Watering

Post by MrMiyagi »

:? Was expecting more of a downside towards the close... hmm.. headscratcher.....
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Unique
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Re: 10/24/2011 Intraday Watering

Post by Unique »

Unique wrote:
Unique wrote:SPY should retest 1min 100sma here, or else we''re going to dive baby :D

SHORT!
Oh yeah baby. Go go bears! :D :P. Test 123, then it'll probably consoldiate a little bit and retry.
Moment of truth...
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
incognitouser
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Re: 10/24/2011 Intraday Watering

Post by incognitouser »

i think we just saw the double top
tdo722
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Re: 10/24/2011 Intraday Watering

Post by tdo722 »

Once again, MM keeps all of us guessing with no significant breakout to the uptown or downtown.
StrikePrice
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Re: 10/24/2011 Intraday Watering

Post by StrikePrice »

pady wrote:
StrikePrice wrote:
StrikePrice wrote:Look for SPY below 125.41 at 2:30. That will confirm my sell signal. I anticipated the signal, which is what we must do to gain edge.
Valid Sell Signal triggered at 3:30. Not sure if we hit 5 of 5 or we're in 4 of 5. Tomorrow's open should reveal the Truth.

True. Today we are following like how Asia traded - fell off at the close. Still danger area to short as stoch so high.
I like a close below 125.36. So far looks possible.
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ysc
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Re: 10/24/2011 Intraday Watering

Post by ysc »

MrMiyagi wrote::? Was expecting more of a downside towards the close... hmm.. headscratcher.....
please don't scratche your head anymore, there is no hair at all. :)
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99er
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Re: 10/24/2011 Intraday Watering

Post by 99er »

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Al_Dente
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Re: 10/24/2011 Intraday Watering

Post by Al_Dente »

too weak at vwap?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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