10/31/2011 Intraday Watering

[heavenskrow]

Weekend Update http://heavenskrowinvestments.blogspot. ... y-now.html
Evil Index was holding onto the last brink of support at the end of close Thursday
Dollar index breaks a key resistance right now.

[Al_Dente]

So long Vix stay above 27 bears are fine today.

BB: you can’t even see the vix on your chart. Is that the point? You care more about the direction of the MA ribbons, and their position above your master MA, than u care about the exact vix number ??

[ultramarine]

EUR/USD broke trend support at 1.39

I still have it at 1.391. But it is plunging. Below 1.39 this gets interesting.

[Cobra]

target.

[BullBear52x]

So long Vix stay above 27 bears are fine today.

BB: you can’t even see the vix on your chart. Is that the point? You care more about the direction of the MA ribbons, and their position above your master MA, than u care about the exact vix number ??

yes, sir, RSI, MA, and MA ribbons

[Me XMan]

KABOOM! EUR/USD leading the lines.

More bears standing on the other side of SPX 1257...

[Petsamo]

What's up (or down) with the Japs ?! EWJ is way oversold !!

[newbie_77]

grizzly, please call mama and papa......

[proteus46]

SPY headed to 125.85 today (61.8 fib)

[BullBear52x]

SPY headed to 125.85 today (61.8 fib)

here is my chicken scratches if we heading lower than 126 on SPY I'll be very surprised.

[Al_Dente]

So long Vix stay above 27 bears are fine today.

BB: you can’t even see the vix on your chart. Is that the point? You care more about the direction of the MA ribbons, and their position above your master MA, than u care about the exact vix number ??

yes, sir, RSI, MA, and MA ribbons

YEOOOOWWWW http://www.youtube.com/watch?v=5JVhbusB ... re=related

[cougar]

target.

Ok Cobra. Thanx!
Got it...

[wayne0708]

SPY headed to 125.85 today (61.8 fib)

here is my chicken scratches if we heading lower than 126 on SPY I'll be very surprised.

dont be shocked be prepared
my guess 1258 lod

[soku]

i am going to play safe as eur 1.39-1.391 lies my major support line

[tdo722]

hell, I'll cover when it hits 126.25 to be safe but PT1 is 126.14

[Me XMan]

They'll fight to hold line in the sand but I don't think it will hold for long.
Euro is in big question now since Italy can pull a Greece with 50% debts haircut.
Ireland and Portugal would love that haircut on their debts too.

i am going to play safe as eur 1.39-1.391 lies my major support line

[soku]

remember the article i posted last week, that guy was yelling top sign everywhere based on dow theory?
here is the update:
The robot, trading algorithms that trade 24 hours around the clock had quite a week. All of the U.S. stock market gain last week occurred on overnight gaps in reaction to the news out of Europe
I have noticed for some years now that front-running the U.S. open increasingly is a winning way to game the market. That and high-frequency trading algorithms that can read, interpret, and react to momentum, price anomalies, and news in a millisecond or two--well before humans can perceive that something just happened. Now if we only had a multimillion dollar trading infrastructure to take advantage of this insight...

A graph of cumulative close minus open prices for the SPDR S&P 500 ETF (SPY: 128.60) is actually lower now than it was a week ago. That implies net selling pressure during the regular New York trading session from 9:30 a.m. to 4:00 p.m. (The SPX cash index does not offer a true open price, so we cannot use it for any indicators that depend on an accurate open price.) If a day trader bought on the open and sold on the close each day, he would have lost money.

Longer-term indicators still are far from confirming any change in the major Primary Tide trend. For example, 50-day SMAs are well below 200-day SMAs for most stocks and indexes.

The Dow Theory signaled a Primary Tide Bear Market on 8/2/11, when both Averages closed below their closing price lows of the previous 11 months. This Bear Market was confirmed on 10/3/11 by lower closing price lows for both Averages. Both Averages would have to close above their closing price highs for the year to indicate a "Turn in the Tide".

[jarbo456]

remember the article i posted last week, that guy was yelling top sign everywhere based on dow theory?
here is the update:
The robot, trading algorithms that trade 24 hours around the clock had quite a week. All of the U.S. stock market gain last week occurred on overnight gaps in reaction to the news out of Europe
I have noticed for some years now that front-running the U.S. open increasingly is a winning way to game the market. That and high-frequency trading algorithms that can read, interpret, and react to momentum, price anomalies, and news in a millisecond or two--well before humans can perceive that something just happened. Now if we only had a multimillion dollar trading infrastructure to take advantage of this insight...

A graph of cumulative close minus open prices for the SPDR S&P 500 ETF (SPY: 128.60) is actually lower now than it was a week ago. That implies net selling pressure during the regular New York trading session from 9:30 a.m. to 4:00 p.m. (The SPX cash index does not offer a true open price, so we cannot use it for any indicators that depend on an accurate open price.) If a day trader bought on the open and sold on the close each day, he would have lost money.

Longer-term indicators still are far from confirming any change in the major Primary Tide trend. For example, 50-day SMAs are well below 200-day SMAs for most stocks and indexes.

The Dow Theory signaled a Primary Tide Bear Market on 8/2/11, when both Averages closed below their closing price lows of the previous 11 months. This Bear Market was confirmed on 10/3/11 by lower closing price lows for both Averages. Both Averages would have to close above their closing price highs for the year to indicate a "Turn in the Tide".

this is really interesting. can you link the source from where you got this or is it a private site?

[tdo722]

positive D forming on 5min chart. this is not good.

[JustTrading]

Cobra,

What is your target in number please....I see the highlighted bar...but since it exceeds the numbers on the axis....just wanted to get a clarification from you of what the s&p price target is. Thanks.