03/06/2012 Intraday Watering

[TraderGirl]

My count is much simpler than TWT, but could we have completed a c wave on the VIX?? B waves can trade in a triangle...

[essessme]

cash could be targeting 1339.2 to complete abc with extended 5th ending diagonal wave c, cash must not trade below 1338.76 or ED invalid....

Thank you and very nice post. I'm with you. I have it at either completing Wave C or completing Wave 3. Either way, it does not have far to go below.

Thanks btran like to see it get a move on here or the falling bottoms line will soon be out of reach. As always look for the tell tale WOW move after complete ED....

[waverider]

From Lubby: CBOE: $VIX FUTURES OPEN INTEREST HITS NEW RECORD: OVER 280,000 CONTRACTS $VX_F

[btran874]

cash could be targeting 1339.2 to complete abc with extended 5th ending diagonal wave c, cash must not trade below 1338.76 or ED invalid....

Thank you and very nice post. I'm with you. I have it at either completing Wave C or completing Wave 3. Either way, it does not have far to go below.

Thanks btran like to see it get a move on here or the falling bottoms line will soon be out of reach. As always look for the tell tale WOW move after complete ED....

Long 5 minute bar, super GREEN, and just continue up elevator style with almost zero retrace. Praying, praying...

[BullBear52x]

smell some thing? this is not right, what! bulls just dead like that? no way too easy here

[TWT]

SPX : An attempt to count the down leg

(thewavetrading.com)

[Auole]

Gold. Bigger picture first. -a Cobra measured move
-and that based on my previous /GC posts that she
Finally made an EW #4 (very simplified AND NOT higher
than big 5 month EW #2 shrug shoulders?!#) and is now
doing final #5. Should be around the 61.8% FibRetrace.
As regards a short term short at this time I think it's always a
tough call to short whenever RSI is in oversold.

intraday 'Sticks'

[TraderGirl]

thanks BB I really appreciate your posts and hard work! We are a big family here u know

And just like any other family, there is always that one uncle you wish wouldn't show up, touting the likes of Cramer, and proclaiming that he will be our "trading jesus"!!

[KENA]

Lots of areas are at or near the 50 day..Mkt could be in for a bounce for a day or two befor going dn again.imho.But lets see.

[waverider]

smell some thing? this is not right, what! bulls just dead like that? no way too easy here

Yep, should be interesting to see what kind of bounce we get tomorrow, if any lol. Here comes the first green hourly candle! Could it be?

[TWT]

FAZ: follow up of the break out from the ED

(thewavetrading.com)

[Cobra]

still in consolidation, still not good.

[BullBear52x]

Putting my TVIX charts side by side, well, this is a beak out material. check it out.

[fehro]

trendlines....if we don't hold 1338... thin zone 1330-1338 could be a swift move to 1330

[dr659]

another attempted at a breakout?

[TWT]

EURUSD: Price should be involved in the wave (5) off the February 29 peak

(thewavetrading.com)

[Petsamo]

If they're gonna finish this thing at the lows, who's gonna go long overnight?

I already added to long positions.

[KeiZai]

Euro after breakdown have more space to support bear party into coming days

Silver can make 1 more leg down to 50 then consolidation before last leg to ~61.8

[waverider]

Monthly 2 hour chart of yen, a break of 12.5 would be bearish. JBTFD?

[MrMiyagi]

This is one heck of a BB crash today on SPX, expect a bounce up tomorrow, almost 100% guaranteed. Perhaps a gap up open then further down may follow but most likely a bounce of decent proportions. I would check $NYMO tonight, it should be lower that -60, that could be another assurance of a bounce.