Back to www.cobrasmarketview.com

11/17/2011 Intraday Watering

User avatar
HappyFriday
Posts: 195
Joined: Fri Sep 02, 2011 1:29 pm

Re: 11/17/2011 Intraday Watering

Post by HappyFriday »

DOW up 50 points at last half min. !!!
User avatar
jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 11/17/2011 Intraday Watering

Post by jarbo456 »

HappyFriday wrote:DOW up 50 points at last half min. !!!
ridiculous. i thought google finance was wrong when i saw that it ended at 134...-_-

went from 180 to 134 in the last minute.
gabor
Posts: 298
Joined: Mon May 09, 2011 6:16 am

Re: 11/17/2011 Intraday Watering

Post by gabor »

I see bearish reversal in oil. I fact, spx is at almost the monthly low.
Last edited by gabor on Thu Nov 17, 2011 5:08 pm, edited 1 time in total.
kaiboliu
Posts: 54
Joined: Mon Mar 07, 2011 4:58 pm

Re: 11/17/2011 Intraday Watering

Post by kaiboliu »

hoping for a gap up tomorrow. Holding long and short over night.
User avatar
TWT
Posts: 2506
Joined: Wed Nov 16, 2011 6:57 am
Contact:

Re: 11/17/2011 Intraday Watering

Post by TWT »

SPX

It looks like that this down leg could get impulsive = wave (C) down off the Triangle wave (B)
This count should be ok as long as we don´t get an overlap above 1226.76

At the eod we have a completed small triangle that should have established the bottom of the wave (3)
In addition with TRIN at 2.78 , it is reasonable to expect followthrough to the upside for tomorrow.

If we get the overlao then a large ED could be the pattern
Attachments
SPX 20 MIN.png
Last edited by TWT on Thu Nov 17, 2011 5:09 pm, edited 1 time in total.
User avatar
jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 11/17/2011 Intraday Watering

Post by jarbo456 »

CRM getting hammered in the afterhours...down over 10%. Q3 loss of 3 cents.
User avatar
MrMiyagi
Posts: 10326
Joined: Sun Oct 16, 2011 12:48 pm

Re: 11/17/2011 Intraday Watering

Post by MrMiyagi »

See y'all tomorra.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 11/17/2011 Intraday Watering

Post by fehro »

hmm.. a larger channel... this could argue a bounce right here
Attachments
Picture 38.png
wayne0708
Posts: 815
Joined: Sat Sep 03, 2011 6:37 am

Re: 11/17/2011 Intraday Watering

Post by wayne0708 »

Cobra wrote:well, guess that's it for today. NORMALLY we should have a lower low first tomorrow. the intermediate-term trend is still up. thank you guys, I'll see you tomorrow.
Cobra:
I thought you mentioned somewhere in your market outlook that breaking 11/01 would be a trend change.
User avatar
TWT
Posts: 2506
Joined: Wed Nov 16, 2011 6:57 am
Contact:

Re: 11/17/2011 Intraday Watering

Post by TWT »

SPX: If we get the overlap then the pattern could be an Ending Diagonal wave (C)
Attachments
spx 60 min.png
User avatar
Cobra
Site Admin
Posts: 58334
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/17/2011 Intraday Watering

Post by Cobra »

wayne0708 wrote:
Cobra wrote:well, guess that's it for today. NORMALLY we should have a lower low first tomorrow. the intermediate-term trend is still up. thank you guys, I'll see you tomorrow.
Cobra:
I thought you mentioned somewhere in your market outlook that breaking 11/01 would be a trend change.
not confirmed breakdown yet.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
pidge66
Posts: 166
Joined: Mon Jun 06, 2011 1:05 pm

Re: 11/17/2011 Intraday Watering

Post by pidge66 »

Annotated SPY day trade using Al Brooke's price action technique. Please comment if you have any insight or suggestion. I'm here to learn.
http://wp.me/p1jbrN-hX
User avatar
dcurban1
Posts: 297
Joined: Thu Oct 20, 2011 1:59 pm
Contact:

Re: 11/17/2011 Intraday Watering

Post by dcurban1 »

wayne0708 wrote:
Cobra wrote:well, guess that's it for today. NORMALLY we should have a lower low first tomorrow. the intermediate-term trend is still up. thank you guys, I'll see you tomorrow.
Cobra:
I thought you mentioned somewhere in your market outlook that breaking 11/01 would be a trend change.
You want to see that support level become a resistance level so it does not become a bear trap.

Then again next week will be odd with Thanksgiving. That should mean lower than normal volume, especially on Friday.
Post Reply