11/04/2011 Intraday Watering

[stucap]

Honey? Is the paint dry yet?

[Apple]

Bulls or Bears, you tell me.

[knock]

Bulls or Bears, you tell me.

Chart-of-the-Day!

[StrikePrice]

125.21 looks to me like the key line for SPY.

Close below that at 3:30pm and Bulls have failed...imo

[Richarab]

watching the market reminds me of when i use to go to race tracks in iran in the 70's (horses). horses where always juiced up, with incredible hamstrings...

[joeynickels]

Bulls or Bears, you tell me.

Squirrel or chipmunk....

[Cobra]

now the scale once again shift to bull side if bear's cannot breakdown the green line below, then we'll probably see the breakout, the current pullback is over.

[Pagat]

Papandreou reportedly to deliver his speech by 9 pm (about 5 minutes time)
Latest scenario (unverified): Papandreou will step down and appoint FinMin Venizelos as PM.

i'm not sure if this will be bullish

[Al_Dente]

Bulls or Bears, you tell me.

[waverider]

BIG negative divergence on the 1 min RSI, back below pivot SPY

wave: I’m with you, but we can’t get a true negative divergence there, as the 2:30ET spy stick did not match or better the earlier spy high at 1:48ET
u read neg d different than I do?

Oh, maybe I exaggerated lol. Here's a chart with too many horizontal lines, your amazing RSI, nydec/nyadv, and the nyupv/nydec idea thanks to PLUNGE:

http://stockcharts.com/h-sc/ui?s=SPY&p= ... =247826827

[dcurban1]

the bigger picture still it's a bear flag. I have no confidences at all for calling bearish pattern nowadays though.

imho the LAST shot at a double top is now...

if this fails, the market follows ther GRPN logic +37.5%

How hard is it to go up when you cannot short the stock?

[pady]

If we close below 1250, it might still be bearish. Else I am leaning bullish.

[Cobra]

bears pray harder, someone is listening. the good thing for bears is bond rising sharply now.

[tdo722]

now let's see if it comes down to make a new LOD for me to cash out of UUP.

stop loss moved to 21.69 for break even.

I might even buy bulls and hold over the weekend if there's a positive divergence.

[BullBear52x]

Sell Sell Sell, check fib extensions

[xfradnex]

Papandreou reportedly to deliver his speech by 9 pm (about 5 minutes time)
Latest scenario (unverified): Papandreou will step down and appoint FinMin Venizelos as PM.

i'm not sure if this will be bullish

CNBC says there is a deal that if Papa steps down, the opposition will vote for the package.

[Petsamo]

We're at support

[tdo722]

man, vix is dancing.

[Almo99]

1240 is next key area.

[Al_Dente]

BIG negative divergence on the 1 min RSI, back below pivot SPY

wave: I’m with you, but we can’t get a true negative divergence there, as the 2:30ET spy stick did not match or better the earlier spy high at 1:48ET
u read neg d different than I do?

Oh, maybe I exaggerated lol. Here's a chart with too many horizontal lines, your amazing RSI, nydec/nyadv, and the nyupv/nydec idea thanks to PLUNGE: http://stockcharts.com/h-sc/ui?s=SPY&p= ... =247826827

Yes, close but no cigar on my “read”
Can u simplify and make yr chart easier to "read"
We better ask the RSI expert, Baron von Lunchtime, but he’s busy drawing cartoons now