06/09/2011 Intraday Watering

[BullBear52x]

Using the same analog from last bull move. this is what I see.

[wxw]

lunch time. a follow-through to this red bar would be bad, but until bears are able to make an intraday lower low, still the trend is up.

u r a man. very ..............very good job. Thanks

[uempel]

Bye guys, I'm off now. Here two last charts: first chart shows SPX at DMA 144, which many traders consider important support/resistance. But I'm looking at the red ellipse on the second chart, where SPX's exit (low or high) will indicate what's going to happen next:

[Cobra]

critical here, hard to call, either an Ascending Triangle in the forming which is very bullish or the market is topped here. Need see the following few bars.

[BullBear52x]

here is my intraday channel.

[cletus]

Cyclical turn coming at 14:45 EST. The last turn failed so we're in trending mode. At least one more cycle could theoretically fail but the one after that likely will not fail.

[alvian33]

what's the target if we break to the upside?

[uempel]

Very last chart for a few days...

[BullBear52x]

OK, last one, BUY EDZ support line and MA. and shut down my computer, good luck all.

[uempel]

what's the target if we break to the upside?

There are 1000 charts here full of information...

[babaro22]

Bulls are trying something but I am not very impressed. Resistance levels at 1,293 and 1,296 on 60 minutes chart, 1,298and 1,305 on daily chart. DMI continues to be negative on every time frame

http://babaro22.blogspot.com/

[Cobra]

head fake then L3, but still need see more bars...

[cougar]

USO is ripe for a down trip, but it did not make the decisive step under the ascending wedge.
Optimal scenario for shorting it, for a swing, would be: the kiss of the bisector for a ”truncated e”, followed by an accelerated drop.

[Cobra]

bears need a lower low to seal the deal. so far still hard to say.

[jamesmith]

Very last chart for a few days...

SPXD.png

how come, you are going to a vacation? Have fun~

[CoolMax]

Test! Resistance at 5 day MA.

[Cobra]

hopefully the breakout this time could be strong. still hard to call until either the breakout or a faked one.

[Cobra]

finally, a breakout, tinted area as the text book target. let's see if the breakout gets a follow through.

[TrendTrade]

HI guys, first post. Wanted to add a chart. We re hitting the bottom of the previous channel/wedge the SPX was in since the peak:

[TrendTrade]

Here it is on a bigger picture: