11/16/2011 Intraday Watering

[rhight]

Daily ( warning for bulls )

I agree Dow Trader, I've seen that line develop for 6 weeks now, and it has to be considered the up trend, close to being broken.

[Dow Trader]

Daily ( warning for bulls )

I agree Dow Trader, I've seen that line develop for 6 weeks now, and it has to be considered the up trend, close to being broken.

yes, agree .. also it closed exactly at the line while they left it for the thursday trading which is usually a crazy day with big swings .. lets see what will happen tommorow, I think it is a key day

[Cobra]

continue down after a pause as I said. no time now, just hopefully I could finally find something to say tonight.

Cobra, for today's case, did your portfolio open a position for TNA?

yes, sure, it's mechanical system, so definitely it longed.

[rhight]

Daily ( warning for bulls )

I agree Dow Trader, I've seen that line develop for 6 weeks now, and it has to be considered the up trend, close to being broken.

yes, agree .. also it closed exactly at the line while they left it for the thursday trading which is usually a crazy day with big swings .. lets see what will happen tommorow, I think it is a key day

Here's my version of that chart.

[L_T]

Have we fallen out of the triangle yet?

Not yet. Tomorrow.

I see most everyone is gone already but I thought I would throw this up there. To me trend lines are subjective the more you "zoom in" so I suppose these are as good as any. I guess I answered my own question as well. Tomorrow will either be interesting as we fall below the lower line or boring if we grind higher again.

[Dow Trader]

Daily ( warning for bulls )

I agree Dow Trader, I've seen that line develop for 6 weeks now, and it has to be considered the up trend, close to being broken.

yes, agree .. also it closed exactly at the line while they left it for the thursday trading which is usually a crazy day with big swings .. lets see what will happen tommorow, I think it is a key day

Here's my version of that chart.

nice chart

[TWT]

SPX: Something different

We know that if 1226.64 is breached the Triangle is dead

Below an alt count which calls for an ED wave (C) of (B)

[Cobra]

IMO here are the current support and resistance levels for oil, gold, and silver.

Please don't promote your own web site here, thanks. Apparently you didn't read my post last night.