11/10/2011 Intraday Watering

[heavenskrow]

one for the bears...one for the bulls... if we we reverse around 1232ish

Love the 2 perspectives.

[noob]

Cobra, just to confirm, there's nothing changing to lower close ahead call? You did mention could be up today!

[Cobra]

The H1, H2 and L1 and L2 concepts are new to me, so I'm studying a bit and trying to apply them in real time.

Is there a valid L2 at the 20 EMA on the SPX hourly setting up?

it applies to any time frame.

So that's an affirmative? What I think I'm seeing is a valid L2 on the SPX hourly? Would you trade it?

yes, that's a L2, but the signal bar is bull bar and the downtrend hasn't been confirmed yet, so this is a risk L2 short.

[Cobra]

Cobra, just to confirm, there's nothing changing to lower close ahead call? You did mention could be up today!

no change. big up today actually is very common, if you read my NYADV chart closely.

[Cobra]

maintain the plan. we'll see a rebound. I'm not shouting out this, I'm murmuring.

[h2oskier]

Rob Thomas (Match Box 20) doing cowboys http://www.youtube.com/watch?v=c6MK9hK7iVY
And let's just get this pull back (Meltdown) done so we can continue with our out trend...http://www.youtube.com/watch?v=MF1y007TLjk
I'd share charts but I'd rather not be laughed at until I learn a little more...

matchbox cowboy was unexpected !!
here’s my fav Rob, ex-box
http://www.youtube.com/watch?v=Z84CgD3o ... re=related

How can you have a favourite with Rob? I saw Rob live last year and he mentioned he would be getting back together with Matchbox again...

OK, you like voices and instruments. Don't take the title to heart... They are Canadian. Next stop, Blue Rodeo!
http://www.youtube.com/watch?v=1LO__mm_A24

[xfradnex]

Cobra, since channel broke without outbreak of fear, do you think more up?

[99er]

EURUSD
http://99ercharts.blogspot.com/2011/11/eurusd_6033.html

Bear Flag.

[cougar]

Rob Thomas (Match Box 20) doing cowboys http://www.youtube.com/watch?v=c6MK9hK7iVY
And let's just get this pull back (Meltdown) done so we can continue with our out trend...http://www.youtube.com/watch?v=MF1y007TLjk
I'd share charts but I'd rather not be laughed at until I learn a little more...

matchbox cowboy was unexpected !!
here’s my fav Rob, ex-box
http://www.youtube.com/watch?v=Z84CgD3o ... re=related

How can you have a favourite with Rob? I saw Rob live last year and he mentioned he would be getting back together with Matchbox again...

OK, you like voices and instruments. Don't take the title to heart... They are Canadian. Next stop, Blue Rodeo!
http://www.youtube.com/watch?v=1LO__mm_A24

Great stuff, guys!
Thanx!

[Cobra]

Cobra, since channel broke without outbreak of fear, do you think more up?

Yes, the pullback is not as strong as it appears, so should be at least one more push up. purely feelings.

[alvian33]

/CL so strong, are we going to 150 again? no recession, everything is fine....

[alphahorn]

EURUSD
http://99ercharts.blogspot.com/2011/11/eurusd_6033.html

Bear Flag.

yes, add the head and shoulders neckline to your chart. a re-test of that broken neckline

[jiufeite]

maintain the plan. we'll see a rebound. I'm not shouting out this, I'm murmuring.

Is that looks like a small bull flag?

[Grizzly]

maintain the plan. we'll see a rebound. I'm not shouting out this, I'm murmuring.

mur·mur (mûrmr)
n.
1. A low, indistinct, continuous sound: spoke in a murmur; the murmur of the waves.
2. An indistinct, whispered, or confidential complaint; a mutter.
3. Medicine An abnormal sound, usually emanating from the heart, that sometimes indicates a diseased condition.

[xfradnex]

Cobra, since channel broke without outbreak of fear, do you think more up?

Yes, the pullback is not as strong as it appears, so should be at least one more push up. purely feelings.

Thanks. I use to go on feelings, but I found out they were just fears. I would trade, better if I could remove fears from the equation.

[Petsamo]

maintain the plan. we'll see a rebound. I'm not shouting out this, I'm murmuring.

Is that looks like a small bull flag?

People see what they want to see.

[HighRev]

Thanks Cobra. Now I've got to do some studying on signal bars.

Add: It's also at a 50% extension sell point and 200 dma and the technicals are rolling over on the hourly and daily.

This is where the PPT needs to get moving . . .

Add2: That should have read, "200 day EMA".

[quatzl]

Ascending triangle SPY 5 min ?

[Cobra]

maintain the plan. we'll see a rebound. I'm not shouting out this, I'm murmuring.

Is that looks like a small bull flag?

I wouldn't read it as bull flag because the pullback is too large. It's in between a bull flag and a real pullback that's why I still think there's one more rebound at least.

[silicon_beaver]

Really unfair for bears.
down, always one leg.
up always two or three push-up.