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Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 11:53 am
by BullBear52x
99er wrote:YM
Having trouble breaking out......
http://99ercharts.blogspot.com/2011/05/ym_06.html
U-turn?
If down trend to continue, a u-turn here will validate it. if not here not now Bulls will rumble again.

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:00 pm
by cletus
Don't short until 1366 is hit. If you do take profits as soon as you get them.

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:01 pm
by Cobra
the very first time touching EMA20 after 2 plus hours of not touching usually is buy. Let's wait to see how H2 long goes (not yet of course).

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:03 pm
by uempel
Status at noon:
status.png

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:06 pm
by BullBear52x
I see strong support at 134.75, let see if I can get that today so far trend pattern is playing out on my side.

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:08 pm
by Me XMan
Do you see SPX below 1300 in June?
cletus wrote:Don't short until 1366 is hit. If you do take profits as soon as you get them.

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:09 pm
by Cobra
well, great, even no chance for H2. so far a range day today.

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:10 pm
by 99er
Gold
Back test of mid-channel line.
http://99ercharts.blogspot.com/2011/05/gold_06.html
Likely to correct to lower boundary.

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:11 pm
by Cobra
AK84 wrote:Cobra, you going long into the closeee brooo ?
short-term model longed and trapped. :(

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:14 pm
by 99er

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:14 pm
by Cobra
will rebound from OR low I think, we'll see. typical range day.

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:15 pm
by MajorEasy
wow! was i wrong, so far an 8.75 ES point range

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:18 pm
by 99er
Copper
Speaking of "critical dojis"...
http://99ercharts.blogspot.com/2011/05/copper_06.html
Hanging on for dear life.

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:24 pm
by BullBear52x
Bulls need to defense 134.75 very important on technician psych. new intraday low is no bullish.

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:27 pm
by cletus
Me XMan wrote:Do you see SPX below 1300 in June?
cletus wrote:Don't short until 1366 is hit. If you do take profits as soon as you get them.
Yes

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:38 pm
by uempel
Looking for support:
Support.png

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:43 pm
by 99er

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:45 pm
by uempel
I closed shorts here at 1344:
Support2.png

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:46 pm
by BullBear52x
If anyone buy here, you either working for GS or my uncle.

Re: 05/06/2011 Intraday Watering

Posted: Fri May 06, 2011 12:48 pm
by 99er
SPX
To bounce or not to bounce?
http://99ercharts.blogspot.com/2011/05/spx_06.html
That is the question...again.