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11/16/2011 Intraday Watering

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rhight
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Re: 11/16/2011 Intraday Watering

Post by rhight »

Dow Trader wrote:Daily ( warning for bulls ) 8-)
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.
Swing to Intermediate SPX Analysis - multiple time frame - Daily & 60 min time and price cycle analysis.
Usually trade SSO / SDS
Dow Trader
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Re: 11/16/2011 Intraday Watering

Post by Dow Trader »

rhight wrote:
Dow Trader wrote:Daily ( warning for bulls ) 8-)
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 8-)
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Cobra
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Re: 11/16/2011 Intraday Watering

Post by Cobra »

Ed02 wrote:
Cobra wrote: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.

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rhight
Posts: 608
Joined: Mon Jun 20, 2011 10:31 am

Re: 11/16/2011 Intraday Watering

Post by rhight »

Dow Trader wrote:
rhight wrote:
Dow Trader wrote:Daily ( warning for bulls ) 8-)
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 8-)
Here's my version of that chart.
Last edited by rhight on Fri Feb 17, 2012 11:11 am, edited 1 time in total.
Swing to Intermediate SPX Analysis - multiple time frame - Daily & 60 min time and price cycle analysis.
Usually trade SSO / SDS
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L_T
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Re: 11/16/2011 Intraday Watering

Post by L_T »

gabor wrote:
L_T wrote: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.
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ScreenShot005.jpg
Dow Trader
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Joined: Thu Feb 17, 2011 11:59 am

Re: 11/16/2011 Intraday Watering

Post by Dow Trader »

rhight wrote:
Dow Trader wrote:
rhight wrote:
Dow Trader wrote:Daily ( warning for bulls ) 8-)
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 8-)
Here's my version of that chart.
nice chart
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TWT
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Re: 11/16/2011 Intraday Watering

Post by 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)
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spx 60 min.png
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Cobra
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Re: 11/16/2011 Intraday Watering

Post by Cobra »

rocstockmarketlevels wrote: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.

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