10/25/2011 Intraday Watering

[Cobra]

Gap down but within yesterday's range, so chances are the gap could get filled.

Could be a Double Top formed on the Global ES, so it's essential for the overnight low to hold, otherwise it'd confirm the pattern.

EURO still is fighting the resistance.

[99er]

Good Morning.

So honey...what's for breakfast?
EURUSD http://99ercharts.blogspot.com/2011/10/eurusd_25.html

Want salami?

[99er]

Salami?
ES http://99ercharts.blogspot.com/2011/10/es_25.html

With your toast.

[knock]

Good Morning.

So honey...what's for breakfast?
EURUSD http://99ercharts.blogspot.com/2011/10/eurusd_25.html

Want salami?

It looks like a butterfly?

[knock]

never mind

[cougar]

Good morning!

SPX: yesterday in the square

[cougar]

To confirm a transition to the bearish new octave, SPY has to hold a drop under the 4/8 support zone (~123)

[cougar]

NEWS: Merkel-Turtle will get the EFSF vote.
However, the bill has been watered down so much, that this vote is meaningless…
Moreover, the opposition German MPs , want to vote again after the Summit, to make sure that the “chancellorette” would not sell Germany short!

[Al_Dente]

NEWS: Merkel-Turtle will get the EFSF vote.
However, the bill has been watered down so much, that this vote is meaningless…
Moreover, the opposition German MPs , want to vote again after the Summit, to make sure that the “chancellorette” would not sell Germany short!

morning cougar: do u have link, i thought the summit was TOMORROW for big vote?

[Cobra]

the open.

[stocksage]

$nymo super high, should be a nice downturn coming.

[GreedyKojiro]

TVIX loaded. TZA loaded.

[seekingknowledge]

Check out this chart showing the Chaikin Oscillator (that Cobra always references) on the SPX daily. Look at the red lines I drew and the blue line. These lines show where price was in the past and where it went after hitting such a high. Hope the longs took their profits. GLTA.

[99er]

Honey...
SPX http://99ercharts.blogspot.com/2011/10/spx_25.html

Bologna?

[EvilTrader]

Congrats to all of us Shorts !!

[agnosia]

wow, 3M leading the tape down over 6%... /cl hit it's 200sma overnight... things to come for /es in the coming days/weeks i'm sure. i am short a break of /es 1239. good luck guys

[agnosia]

Congrats to all of us Shorts !!

after almost a month, how could a short be in the green after today's little blip congrats. i am a bear now too

[jarbo456]

Honey...
SPX http://99ercharts.blogspot.com/2011/10/spx_25.html

Bologna?

hey 99er,

i've been following your charts for awhile. your pullback for the SPX is obviously much shallower than your pullbacks for /ES and EUR/USD. do you have a bias towards which one you weight more heavily in your prediction?

[GreedyKojiro]

Congrats to all of us Shorts !!

[Cobra]

wow, this time it's the real bear, feel very different.