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Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 1:21 pm
by 99er
cheech:

Nice chart. I like the way you mark up the ChiOsc; first time I've seen that. Thanks.

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 1:23 pm
by cougar
Yes: very nice "cheech". Thanks!

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 1:41 pm
by BlackThought
Anaconda wrote:For those of you who follow sentiment indicators, here's one from Sentimentrader to consider..:
jeez.. i've never seen it that extreme.

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 1:41 pm
by 99er

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 1:47 pm
by MajorEasy
The last 8 times less than 10 million shares of SPY were traded in an hourly bar, which just happened again by the way. In no case was it good for SPY intermediate term.
study shows 60 minute bars with less than 10 million shares traded.

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 1:48 pm
by cougar
SI (Siemens) was rescued at the lower limit of the channel by the recent upswing.
However, it is still confined under the channel’s midline.

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 1:51 pm
by jamesmith
Cobra wrote:sorry guys, after BBQ, I have to go out for about an hour. talk to you later.
BBQ frog~~ yummy~~ have fun~~ :mrgreen:

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 2:01 pm
by 99er

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 2:04 pm
by cougar
VIX (30 min): possibly, an inverted H&S in the making:

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 2:06 pm
by Cobra
hmm, I think I'm right in time for the show. this is the least place bulls want to see a reversal, especially if sharp, so let's wait and see.

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 2:07 pm
by 99er

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 2:08 pm
by shumushu
I seriously thought there was some huge news, then I realize its just market selling off.

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 2:10 pm
by Nomorework
shumushu wrote:I seriously thought there was some huge news, then I realize its just market selling off.
Dollar strengthening against the Euro on Portugal down grade. Might be the spark the sellers need tho. :geek:

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 2:11 pm
by Anca
shumushu wrote:I seriously thought there was some huge news, then I realize its just market selling off.
zerohedge zerohedge
Moody's downgrades Portugal to Ba2 with a negative outlook from Baa1

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 2:12 pm
by Petsamo
shumushu wrote:I seriously thought there was some huge news, then I realize its just market selling off.
That's not the market. Some big shot pressed the big sell button. Image

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 2:13 pm
by greenback
From marketwatch.com
2:04p Moody's downgrades Portugal to 'Ba2' from 'Baa1'

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 2:15 pm
by Cobra
greenback wrote:From marketwatch.com
2:04p Moody's downgrades Portugal to 'Ba2' from 'Baa1'
I think that's nothing. :roll:

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 2:20 pm
by pidge66
close to breaking the 60 min up channel...

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 2:22 pm
by StrikePrice
The break of the uptrend line, finally.
Support on top of previous channel but I don't expect it to hold.
We'll visit the S1 around 132.25 - 132.50 today or tomorrow IMO

Re: 07/05/2011 Intraday Watering

Posted: Tue Jul 05, 2011 2:23 pm
by cheech
This is what happens when bulls get that exuberance.