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Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:01 pm
by Dow Trader
Michelle wrote:Dow Trader wrote:The big picture with basics
I like your chart, Dow Trader. You should do one for copper. I'm showing copper sitting on a support line right now.
sorry, I was away from the PC, but it is good to hear that, regarding copper I don't trade it so i don't its chart , I only trade EUR, Dow, and Oil
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:07 pm
by shumushu
Box analysis
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:09 pm
by STC
Cobra, do you have any stats or idea of how long it'll take for the H&S pattern to reach the target?
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:10 pm
by Cobra
new fighting range, let's see which direction broken first.
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:12 pm
by Me XMan
Black Friday tomorrow after jobs report?
BLS better lie good tomorrow.
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:18 pm
by shumushu
Looks like I am completely wrong
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:21 pm
by Me XMan
There's something really wrong that hasn't come out to the light yet.
shumushu wrote:Looks like I am completely wrong
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:23 pm
by Michelle
Look at how far the $VIX is outside of it's Bollinger Band.
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:23 pm
by Cobra
well, here comes the 3rd leg down. too bad.
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:24 pm
by yellowreign
$MMTW is now below 9.
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:25 pm
by Cobra
tinted area as the text book target of the small double top. a small lower low or no lower low is OK for bulls. need pray of course...
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:26 pm
by agnosia
downward rsi momentum on 15min is showing positive divergence. if we get a lower low here i am looking at 1206 /es.. i will buy more.
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:26 pm
by agnosia
Cobra wrote:well, here comes the 3rd leg down. too bad.
no worries, they are getting weaker and weaker
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:27 pm
by Cobra
shumushu wrote:Box analysis
hmm, you learnt well.
can I say that?
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:28 pm
by Cobra
agnosia wrote:Cobra wrote:well, here comes the 3rd leg down. too bad.
no worries, they are getting weaker and weaker
yeah, that's the key of the 3 push down. it doesn't have to be 3 push, 4 or 5 or 10 are ok as long as there're clear trend of weaker and weaker.
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:29 pm
by shumushu
I learned well, didn't apply well haha. =)
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:30 pm
by Me XMan
Damn! Are they gonna push below 1200?
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:31 pm
by Cobra
the 3rd push down made a lower low and looking strong, not a good sign.
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:31 pm
by agnosia
not taking any chances, they called my bluff... 1206 was my last level. i am out.
Re: 08/04/2011 Intraday Watering
Posted: Thu Aug 04, 2011 3:33 pm
by seeyou
panic collapse..bybye bull market