05/09/2011 Intraday Watering

[soku]

market choppy. very good for scalping. res at 1339, where parks daily pivot, vwap, as well as my measured scalping top.
i am slightly "other" biased. will go long if 1339 clears.

[99er]

DXY
Hey, Ben...
http://99ercharts.blogspot.com/2011/05/dxy_09.html
Where's your mojo?

[bbc]

market choppy. very good for scalping. res at 1339, where parks daily pivot, vwap, as well as my measured scalping top.
i am slightly "other" biased. will go long if 1339 clears.

ya, but with VWAP at 1338, not much to scalp

btw, what is the tv play in your icon, I am very interested.

[99er]

30-Year
Will the Long Bond catch a bid?
http://99ercharts.blogspot.com/2011/05/30y_09.html
Or time to sell?
Bill?

[BullBear52x]

SPY support and reistance, No directional on intraday. daily I am watching the long term green area like a hawk. market internal is still weak.

[agnosia]

market choppy. very good for scalping. res at 1339, where parks daily pivot, vwap, as well as my measured scalping top.
i am slightly "other" biased. will go long if 1339 clears.

yep good strategy. if we break through the heavy 1339 barrier, good place to go long. this feels like a bottoming pattern on the /es so we should at least get some kind of a bounce here.

[BullBear52x]

ES is not looking healthy here

[Cobra]

good, I finally see some bullish action here. could be an Ascending Triangle in the forming so sooner or later we'll see an upside breakout.

[BullBear52x]

I am buying, closing out all short etfs.

[Olly Varadi]

I'm not buying this move yet! Be careful.

[uempel]

1346 and 1349 (MA 195) as next resistance. But I'm not trading this market today and I'm off for now..

[chickencoop]

1346 and 1349 (MA 195) as next resistance. But I'm not trading this market today and I'm off for now..

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enjoy your workout..

[Cobra]

ascending triangle text book target.

[99er]

Copper
Looking too tired...
http://99ercharts.blogspot.com/2011/05/copper_09.html

[99er]

SPX
My guess: up to the channel line...
http://99ercharts.blogspot.com/2011/05/spx_9675.html
Then down. Possibly big.

[Cobra]

could be a pullback of some kind here, then another push up attempt.

[gabor]

I would be surprised if this market could hold this gain. I suspect it was just a short covering.

[uempel]

1346 and 1349 (MA 195) as next resistance. But I'm not trading this market today and I'm off for now..

The attachment New.png is no longer available

enjoy your workout..

Thanks, but I haven't made it out of the door yet. Somebody calls, the market bounces and now I'm still stuck and staring at the screen. Interesting to see if resistance 1349 will be pierced:

[BullBear52x]

Now 134.75ish become a support.

[KENA]

I would be surprised if this market could hold this gain. I suspect it was just a short covering.

YES..Maybe Big Ben thru in some big bucks to prop it up.