12/07/2011 Intraday Watering

[Me XMan]

Your chart showing bearish and you're bullish?

yes, I think so, the bigger picture is now a consolidation instead of rollover, so guess we'll have to wait after Dec 9 EU meeting.

[Cobra]

Cobra: Time for spy to reversal? 15min STO topped now.

I don't see reversal yet. I just see a confused market, so let's wait.

[BullBear52x]

update.

[Cobra]

Your chart showing bearish and you're bullish?

yes, I think so, the bigger picture is now a consolidation instead of rollover, so guess we'll have to wait after Dec 9 EU meeting.

No, I'm not bullish, no bearish, consolidation has 50% chance of either up or down. I just follow my rule that I don't front run.

[knock]

update.

LMAO

[Me XMan]

Got it Boss.

Your chart showing bearish and you're bullish?

yes, I think so, the bigger picture is now a consolidation instead of rollover, so guess we'll have to wait after Dec 9 EU meeting.

No, I'm not bullish, no bearish, consolidation has 50% chance of either up or down. I just follow my rule that I don't front run.

[uempel]

Close up of a 60 min long term shows resistance at 1258. But this is not necessarily a short, market wants to go higher. Next targets are up at 1272 and 1284...

[StrikePrice]

I just went short

[jarbo456]

looking at 125.60'ish as the end point to this pullback.

[newbie_77]

bb52,
nice one

update.

[TWT]

EUR : Bullish Flag ????

[JTrader]

well...i guess that's all she wrote for the bears today. first touch of the trend line above, and it looks like consolidation right before. i expect a lunch time blow through resistance here.

i guess 126.30 the next stop. maybe a visit to 125.50 after that...

and then another blow your top off up and down end of day.

that would pretty much characterize this week.

just to reiterate what i said.

Nice, maybe I should be paying you $10 a month too.

[Cobra]

volume surge, biggest bar and EMA20, so hopefully a rebound here. I said normally it'd be 2 legged up and so far since Oct 2, all my day trade money were made on the short side, and hopefully I could finally made some money on the upside.

[Al_Dente]

Scalper only, exited half TNA at 12:20 weakness, sold the rest a minute ago, could easily resume rally, but I don’t give it a chance to pullback much, not with juice
Internals soon

[mozart]

I think the market is getting ready for another upside, like Cobra said, just consolidation here.
Europe will come up with solution this weekend, they not gonna let it fall apart just like that.
Will it hold and for how long, that remains to be seen.
Just another opinion, DYODD!

[uempel]

Check dotted blue verticals for DT signals. Most of them are valid. Note that resistance up at 1260 is very strong today, daily ellipse shows that break comes tomorrow.

[Cobra]

lunch time, will be back, so far the bias is up.

[uempel]

I think the market is getting ready for another upside, like Cobra said, just consolidation here.
Europe will come up with solution this weekend, they not gonna let it fall apart just like that.
Will it hold and for how long, that remains to be see.
Just another opinion, DYODD!

Ahh, you'll like the momentum chart CS sent out this morning

[chocobee]

update.

Is a bear or rat, or may be Me X man sitting on the top? Great chart!

[BullBear52x]

I finally got few hundred shares of EDC to borrow lets go bears