03/22/2012 Intraday Watering

[Cobra]

key time, whether we have a double top here!

[Cobra]

very important support here (day trade only support).

[Cobra]

OK, thanks. So the rule is -- if the first move from the top of the flag downward continues with a 2nd leg measured move, the 2nd leg will be from the bottom of the flagpole downward by the same amount?

Cobra, you are taking a measured move from yesterdays high (or close?) to today's low pivot, and then the new move from yesterday's open downward? Not sure why you choose yesterday's open as the starting point of the new move, can you explain or do you have a post on that?

the bear flag target would be like this, depends on where we get the bear reversal and I don't believe it'd be 100% Measured Move.

because the pole of the flag is from yesterday's high to today's low.

I don't understand your question. I have no rule for the measurement, just my own logical and I don't trade this kind of target unless I fully back tested, so it's just a rough idea, not important.

[Richarab]

same battle in the ES going on. i see failure. more below..
by the way - did i tell you i hate Trader Vix!@#$#$%^

[OverUnder]

OK, thanks.

OK, thanks. So the rule is -- if the first move from the top of the flag downward continues with a 2nd leg measured move, the 2nd leg will be from the bottom of the flagpole downward by the same amount?

Cobra, you are taking a measured move from yesterdays high (or close?) to today's low pivot, and then the new move from yesterday's open downward? Not sure why you choose yesterday's open as the starting point of the new move, can you explain or do you have a post on that?

the bear flag target would be like this, depends on where we get the bear reversal and I don't believe it'd be 100% Measured Move.

because the pole of the flag is from yesterday's high to today's low.

I don't understand your question. I have no rule for the measurement, just my own logical and I don't trade this kind of target unless I fully back tested, so it's just a rough idea, not important.

[stucap]

same battle in the ES going on. i see failure. more below..
by the way - did i tell you i hate Trader Vix!@#$#$%^

i'm pretty optimistic that the bears will finish strong seeing that the bounce off the low has been week. if we could just break below 87 we should push down to test the low.

[Richarab]

same battle in the ES going on. i see failure. more below..
by the way - did i tell you i hate Trader Vix!@#$#$%^

i'm pretty optimistic that the bears will finish strong seeing that the bounce off the low has been week. if we could just break below 87 we should push down to test the low.

i am bearish too. been shorting ES all day. its my only sunshine today -
did i tell you about the crooks at Trader Vix!@#$@#$%#@%V #$%

[BullBear52x]

People always talk about Gartley Butter Fly, what about Crab? no expert here just for fun of it.

[Cobra]

bears, hold your breath!

[victorm]

same battle in the ES going on. i see failure. more below..
by the way - did i tell you i hate Trader Vix!@#$#$%^

i'm pretty optimistic that the bears will finish strong seeing that the bounce off the low has been week. if we could just break below 87 we should push down to test the low.

i am bearish too. been shorting ES all day. its my only sunshine today -
did i tell you about the crooks at Trader Vix!@#$@#$%#@%V #$%

[stucap]

same battle in the ES going on. i see failure. more below..
by the way - did i tell you i hate Trader Vix!@#$#$%^

i'm pretty optimistic that the bears will finish strong seeing that the bounce off the low has been week. if we could just break below 87 we should push down to test the low.

i am bearish too. been shorting ES all day. its my only sunshine today -
did i tell you about the crooks at Trader Vix!@#$@#$%#@%V #$%

this is why i don't touch any levered products.

[Cobra]

not a confirmed breakout yet, but usually this push down should be 2 legged, let's see.

[Mr. T]

same battle in the ES going on. i see failure. more below..
by the way - did i tell you i hate Trader Vix!@#$#$%^

i'm pretty optimistic that the bears will finish strong seeing that the bounce off the low has been week. if we could just break below 87 we should push down to test the low.

i am bearish too. been shorting ES all day. its my only sunshine today -
did i tell you about the crooks at Trader Vix!@#$@#$%#@%V #$%

Any hope for TVIX???

[Cobra]

here's what I mean 2 legged down. let's see.

[stucap]

same battle in the ES going on. i see failure. more below..
by the way - did i tell you i hate Trader Vix!@#$#$%^

i'm pretty optimistic that the bears will finish strong seeing that the bounce off the low has been week. if we could just break below 87 we should push down to test the low.

i am bearish too. been shorting ES all day. its my only sunshine today -
did i tell you about the crooks at Trader Vix!@#$@#$%#@%V #$%

Any hope for TVIX???

Class action lawsuit maybe?

[KeiZai]

keep an eye on...double top?

[TraderGirl]

Do we need the final wave to complete?

[Richarab]

same battle in the ES going on. i see failure. more below..
by the way - did i tell you i hate Trader Vix!@#$#$%^

i'm pretty optimistic that the bears will finish strong seeing that the bounce off the low has been week. if we could just break below 87 we should push down to test the low.

i am bearish too. been shorting ES all day. its my only sunshine today -
did i tell you about the crooks at Trader Vix!@#$@#$%#@%V #$%

Any hope for TVIX???

Class action lawsuit maybe?

I would god damn sue them...but I dont gotz any money!
did i tell you i have to sell my summer home in iceland?!@#$@#$@#$%

[stucap]

Do we need the final wave to complete?

bulls don't think so, they are ready to jam it back up.

[fehro]

Be careful of 1388 on Spx... Neckline break could see a sharp move down.. Target 1362 ish.