Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:30 pm
not a wave guy, just for fun.
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11/17/2011 Intraday Watering
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Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:30 pm
descending wedge...just not sure how it'll resolve.
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:31 pm
SPY unable to break 121.3
Odds are we may fly to VWAP around 122.8
That would be a nice bounce !
market lesson # 8921 : If volatility is high and you don´t go down, you will probably go up.
Odds are we may fly to VWAP around 122.8
That would be a nice bounce !
market lesson # 8921 : If volatility is high and you don´t go down, you will probably go up.
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:32 pm
can you advise what pattern this is? I try to learn how you come up with the pink dot.BullBear52x wrote:not a wave guy, just for fun.
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:35 pm
LETS GO BEARS
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:35 pm
and STAY DOWN !
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:36 pm
not very good, could be a Descending Triangle in the forming. Let's wait.
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:37 pm
I think the low will be in at around 1000, as you predicted months ago.Cobra wrote:OK, the low got tested, now we have 3 push down plus volume surge, let's see how rebound goes, then we'd know if the low was in.
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:38 pm
Good one ! LOL!agnosia wrote:and STAY DOWN !
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:39 pm
$TRIN creeping up to day high +4.24
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:40 pm
My intraday McClellan Oscillator check is nearing and oversold kind of level. The TRIN is also elevated. So, there is a case for a bounce (dead cat?) if things don't unravel.
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:43 pm
Should we bounce near here... or the 50SMA at 1205... retest of the triangle, could act as possible shoulder.
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:44 pm
http://www.guardian.co.uk/business/2011 ... sfeed=trueCobra wrote:not very good, could be a Descending Triangle in the forming. Let's wait.
Seems like a lot more negative news pressure. Shouldn't someone remind him that he needs to resign
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:44 pm
I say last hour of trading will see buying.
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:46 pm
I will put it as 123 pattern and put target to a recent support, which now turns resistance.knock wrote:can you advise what pattern this is? I try to learn how you come up with the pink dot.BullBear52x wrote:not a wave guy, just for fun.
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:46 pm
Substance now, horns poking above the EMA 20!cougar wrote:NOPE! So far, nothing to brag about!waverider wrote:Probably not, look at the strong rebound in QQQ. It just broke an important resistance channel trend line, strong bull bars. Looks a bit like a diamond bottom? Seeing some big traders moving in too.MrMiyagi wrote:Next leg down started?
We need substance!
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:46 pm
see...whatever triangle...we break to the upside.
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:46 pm
santa claus is finally here ladies and gents.
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:46 pm
out early
covered early
covered early
Re: 11/17/2011 Intraday Watering
Posted: Thu Nov 17, 2011 3:47 pm
this is good shit, LOLrpccharts wrote:LETS GO BEARS