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12/14/2011 Intraday Watering

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Al_Dente
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Re: 12/14/2011 Intraday Watering

Post by Al_Dente »

One little bull alert to note is volume at bottom/near bottom zone-ish (see pink, also note a fail in blue)
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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lqiantobe
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Re: 12/14/2011 Intraday Watering

Post by lqiantobe »

Corba~ any updates on pattern?
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Me XMan
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Re: 12/14/2011 Intraday Watering

Post by Me XMan »

Aint bouncing that high today ;)
fehro wrote:bounce to 1225? ...tagged channel
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Me XMan
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Re: 12/14/2011 Intraday Watering

Post by Me XMan »

Is marketing building another ascending triangle?

Doesn't look like it now.
Last edited by Me XMan on Wed Dec 14, 2011 11:56 am, edited 1 time in total.
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uempel
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Re: 12/14/2011 Intraday Watering

Post by uempel »

Al_Dente wrote:One little bull alert to note is volume at bottom/near bottom zone-ish (see pink, also note a fail in blue)
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15
I'm eyeing noon, not sure what it's going to be, we'll have to check your chart at 11.59 am...
SP.png
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minthan
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Re: 12/14/2011 Intraday Watering

Post by minthan »

Buckethead wrote:We saw this same thing during week of Thanksgiving too.
The herd loaded up long for a Santa Rally. We will have a rally once the herd dumps.
Maybe Thurs/Fri.
I would not look for a buy today. Today is first day VIX up, means the sheeple finally getting scared it is DAY 1.
I agree with you but by the time you and me load up long, we're already gapped up 60 points to 1268. They sure don't make it easy for people to join the St. Nick ride.
Last edited by minthan on Wed Dec 14, 2011 11:53 am, edited 1 time in total.
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99er
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Re: 12/14/2011 Intraday Watering

Post by 99er »

Updates

Gold http://99ercharts.blogspot.com/2011/12/gold_14.html
Silver http://99ercharts.blogspot.com/2011/12/silver_14.html

Bullish Butterflies.
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soku
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Re: 12/14/2011 Intraday Watering

Post by soku »

this is another damn moment. vix is not acting causing my hedge being ineffective.
market oversold. i think spx 1215 is a good defense area. the next will be 1200. in general i am looking for a reb to unwind :(
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jarbo456
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Re: 12/14/2011 Intraday Watering

Post by jarbo456 »

gold is pretty ridiculous. the sell-off may not be as large in absolute dollar terms as the previous major drop, but it's seriously threatening a break below its 200MA. and it doesn't look like a capitulation crash to it either. there's much more purpose in the sell-off. i follow that gold bug gary dood...he just went in 30% on GDX with the tag of the 200MA, i'm not fully convinced though.
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Mr. BachNut
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Re: 12/14/2011 Intraday Watering

Post by Mr. BachNut »

Intermediate Long. Took hedges off too soon. Ugh.
Market has moved toward max pain (SPY 121 I believe).
I should have known better.
If today's close is ugly, I may get a sell on mechanical model.
I have got a stop to throw hedges back on if necessary but would like to be patient through Opex.
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99er
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Re: 12/14/2011 Intraday Watering

Post by 99er »

Updates

Copper http://99ercharts.blogspot.com/2011/12/copper_14.html
Crude http://99ercharts.blogspot.com/2011/12/crude_14.html
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Cobra
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Re: 12/14/2011 Intraday Watering

Post by Cobra »

lqiantobe wrote:Corba~ any updates on pattern?
No, if this is a typical break the trend line then back test before reversal, the pattern is too small to be a huge rebound, so I won't count on it.
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stucap
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Re: 12/14/2011 Intraday Watering

Post by stucap »

Euro broke on that descending triangle. Equity won't budge -- ES can't break S1 at 1207.50 --- unbelievable.
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99er
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Re: 12/14/2011 Intraday Watering

Post by 99er »

Updates

Dollar http://99ercharts.blogspot.com/2011/12/dollar_14.html
30-Year http://99ercharts.blogspot.com/2011/12/30y_14.html
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Me XMan
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Re: 12/14/2011 Intraday Watering

Post by Me XMan »

HAHAHAHA!
Your avatar is busting up guts.... :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:
soku wrote:this is another damn moment. vix is not acting causing my hedge being ineffective.
market oversold. i think spx 1215 is a good defense area. the next will be 1200. in general i am looking for a reb to unwind :(
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Cobra
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Re: 12/14/2011 Intraday Watering

Post by Cobra »

support. it's very rare to have 6 consecutive red bars, so I won't be too aggressive as a bear here, sell the bounce should be the way to go.
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Me XMan
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Re: 12/14/2011 Intraday Watering

Post by Me XMan »

Market can overshoot and go $119 you know...
Mr. BachNut wrote:Intermediate Long. Took hedges off too soon. Ugh.
Market has moved toward max pain (SPY 121 I believe).
I should have known better.
If today's close is ugly, I may get a sell on mechanical model.
I have got a stop to throw hedges back on if necessary but would like to be patient through Opex.
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Al_Dente
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Re: 12/14/2011 Intraday Watering

Post by Al_Dente »

uempel wrote:
Al_Dente wrote:One little bull alert to note is volume at bottom/near bottom zone-ish (see pink, also note a fail in blue)
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15
I'm eyeing noon, not sure what it's going to be, we'll have to check your chart at 11.59 am...
SP.png
Okay I’m synchronizing my watch
Let’s keep an eye on 1min spy for “covering spikes” you know, those sneaky vertical spikes
So far all bear
But vix went bonkers again?
keep posting, thanks prince uempel
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250028427
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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99er
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Re: 12/14/2011 Intraday Watering

Post by 99er »

Update

SPX http://99ercharts.blogspot.com/2011/12/spx_3117.html

At the mid-channel line.
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Me XMan
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Re: 12/14/2011 Intraday Watering

Post by Me XMan »

If you drop your lines a little lower, it wuld match up to 1200 :D
99er wrote:Update

SPX http://99ercharts.blogspot.com/2011/12/spx_3117.html

At the mid-channel line.
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