01/06/2012 Intraday Watering

[dcurban1]

you can also see it as Symmetrical Triangle and even more clear on RSP an Ascending Triangle. Either way, the bias is now a little bit clear on the upside.

Cobra, are you looking for an ascending triangle back to the double bottom?

[jarbo456]

you can also see it as Symmetrical Triangle and even more clear on RSP an Ascending Triangle. Either way, the bias is now a little bit clear on the upside.

Cobra, are you looking for an ascending triangle back to the double bottom?

that would be a juicy triangle for bulls...but don't think it's that large.

[Cobra]

you can also see it as Symmetrical Triangle and even more clear on RSP an Ascending Triangle. Either way, the bias is now a little bit clear on the upside.

Cobra, are you looking for an ascending triangle back to the double bottom?

I don't see double bottom.

[KENA]

For the wave traders i understand that if the hi is now in then we are in the wave 3 dn which will be wicked to the dn side. If we break this top and go to 1292 is the exception but then after that wave 3 will be in for the big move dn.

After minor wave 3 is minor wave 4 and top of minor wave 1 is 1285 and minor wave 4 can not overlap minor wave 1. We are totally in different waves.
If this the path we are talking, we should go to the moon 1315 bebore wave major 3 ends. Bachnut posted a chart which negative div. in NYMO with all maket push up.
I 'll be watching Cobra's signal intraday, it is more accurate.

Thanks for the info Tabby..You lost me when you get into all the major,minor waves etc..I have to keep it simple.I hand it to you wave traders that can figure this stuff out.

[CognitiveDissonance]

No matter how you look at the SPX on a daily or even hourly, this thing just doesn't have the strength to go up without QE. But, that doesn't seem to mean that it won't.

[dcurban1]

you can also see it as Symmetrical Triangle and even more clear on RSP an Ascending Triangle. Either way, the bias is now a little bit clear on the upside.

Cobra, are you looking for an ascending triangle back to the double bottom?

I don't see double bottom.

The 28th of Dec. where we made a low then a small bear trap at the close.

[waverider]

KENA, pmed you.

[Cobra]

still of a nice ascending triangle shape.

[bobo]

You can throw that rule out in an ending diagonal which is where we are now. Either wave 5 is over and we are in minor 3 which I doubt, or 1284.62 was the top of 3, 1265.26 was the bottom of 4. and wave 5 should end below 1301.24, or wave 3 will be the shortest.

For the wave traders i understand that if the hi is now in then we are in the wave 3 dn which will be wicked to the dn side. If we break this top and go to 1292 is the exception but then after that wave 3 will be in for the big move dn.

After minor wave 3 is minor wave 4 and top of minor wave 1 is 1285 and minor wave 4 can not overlap minor wave 1. We are totally in different waves.
If this the path we are talking, we should go to the moon 1315 bebore wave major 3 ends. Bachnut posted a chart which negative div. in NYMO with all maket push up.
I 'll be watching Cobra's signal intraday, it is more accurate.

[tdo722]

This is the bull/bear line with years in the making. We're right on top of it by a hair. I am convinced breaking above it and stay above it means so much to Obama and his crew.

[Xian]

Question for all:

Though this is mainly a TA site, has anyone heard anything about the French Downgrade? All we heard was "any day now." Suddenly, nothing.

I'd read that they give governments 12 hours notice, which would be impossible to keep secret. Given today's action, my assumption is no notice has yet been given for an after-the-marekts-close downgrade.

[Me XMan]

They're corraling the bulls in and drop a bomb

Question for all:

Though this is mainly a TA site, has anyone heard anything about the French Downgrade? All we heard was "any day now." Suddenly, nothing.

I'd read that they give governments 12 hours notice, which would be impossible to keep secret. Given today's action, my assumption is no notice has yet been given for an after-the-marekts-close downgrade.

[Al_Dente]

I Joke Here's alook at A/D, if you are not convinced you deserve to lose money.

Criminal? Only if u disrespect Diana Krall….
I’m having trouble with this volume chart
Comparing apples to oranges
We know how LITTLE up vol it takes to move spy higher
And how MUCH vol selling there is on down days
Tough to compare the two on "equal" overlap [edit: overlay], as bla bla bla
I’m working on it now

http://www.youtube.com/watch?v=uLNYWDxC ... re=related

[KENA]

KENA, pmed you.

Don't understand the comment.

[BullBear52x]

I Joke Here's alook at A/D, if you are not convinced you deserve to lose money.

Criminal? Only if u disrespect Diana Krall….
I’m having trouble with this volume chart
Comparing apples to oranges
We know how LITTLE up vol it takes to move spy higher
And how MUCH vol selling there is on down days
Tough to compare the two on "equal" overlap [edit: overlay], as bla bla bla
I’m working on it now

http://www.youtube.com/watch?v=uLNYWDxC ... re=related

If you look for clue, compare each one on each own to the previous day. OK, I gave out all of my secrete here how can I make any money

[KeiZai]

Last hour selloff? Wait and watch

http://blogs.wsj.com/marketbeat/2012/01 ... d=yahoo_hs

[FinancePhD]

Question for all:

Though this is mainly a TA site, has anyone heard anything about the French Downgrade? All we heard was "any day now." Suddenly, nothing.

I'd read that they give governments 12 hours notice, which would be impossible to keep secret. Given today's action, my assumption is no notice has yet been given for an after-the-marekts-close downgrade.

Not in short term. They may downgrade before the Euro summit by the end of Jan. It is another threat by the wall street to Merkozy: "Give us the European QE!!!"

[Tabby]

For the wave traders i understand that if the hi is now in then we are in the wave 3 dn which will be wicked to the dn side. If we break this top and go to 1292 is the exception but then after that wave 3 will be in for the big move dn.

After minor wave 3 is minor wave 4 and top of minor wave 1 is 1285 and minor wave 4 can not overlap minor wave 1. We are totally in different waves.
If this the path we are talking, we should go to the moon 1315 bebore wave major 3 ends. Bachnut posted a chart which negative div. in NYMO with all maket push up.
I 'll be watching Cobra's signal intraday, it is more accurate.

Thanks for the info Tabby..You lost me when you get into all the major,minor waves etc..I have to keep it simple.I hand it to you wave traders that can figure this stuff out.

Kena,
I don't know much either, just basic rules. In order to come up wave 3 , we should have 1 and 2. I can't count minute and minutte waves at all. At this point I am not going with waves collection, only simple TA. We need to wait to see more waves to find out where we are. Cobra's charts ( intraday) and 99er's charts are the best and simplest for the mess that are now. Waves going back to closet till more clarfications.Daneric has free websites with bearish and bullish approaches.

[waverider]

KENA, pmed you.

Don't understand the comment.

It's a link for EW charts...

[HappyFriday]

Breakout for S&P will be nice !
Never say no !