10/11/2011 Intraday Watering

[jarbo456]

a little mini double top here would be nice for those of us holding trapped shorts here...

[tdo722]

JBTFD, that's my strategy for the day or by the majority. Majority usually wins right? lol.

[Dow Trader]

If ES go above 1190.50 it is buy for scalping in my book

[jarbo456]

of course as soon as i say that, the double top gets blown off. looks like we'll fill this gap, perhaps some selling once we fill the gap...

paging AL_DENTE....

using your internals chart...minute refresh...looking like the bulls are clawing their way back pretty nicely.

[Cobra]

so far looks bullish. consolidation before breakout always is good.

[heavenskrow]

bonds showing a lot of weakness

[ddd]

RVX made lower low. We are going higher today.

[cougar]

VIX 130 min: in 4 previous circumstances, VIX under the Acceleration Band resulted in a strong UP move.
An impulsive reentry inside the channel would be for me a first indication of reversal…This should happen within 2 days, in line with Cobra’s suggested timing for a top.

cougar,

As always, interesting charts. What is the yellow band on the VIX chart? BTW, and confirming other posts including Cobra's astute analysis, my "time band" for a short term reversal stands at 10/10 to 10/14. The 10/10 price high exceeded 1 std. dev. above the average for the prior 6 minor up trends. From my experience, this may be interpreted as suggesting that the intermediate trend could be changing from down to up, and that a "higher low" may be expected on the next minor down trend.

Thanx “rhight”! The yellow band is a Mov. Avg. Envelope (L=67) biased to the upside (21/13) - since VIX, as a market reciprocal mover, has aggressive A shaped tops while “normal“ indices have usually V bottoms…
I agree with your analysis.

[jarbo456]

transports really kicking some butt...gnk up almost 8%...

[jarbo456]

SPY break above 119.56 puts 122.02 very likely in play...-_-

[tdo722]

Just bought another 50% long. Up Up Up, ole, ole....

[tdo722]

I'll add 50% short at 1200 and another 50% at 1207.

[bullbear52]

I know this time is different, well, it is.

[agnosia]

If ES go above 1190.50 it is buy for scalping in my book

what is your stop on that? 1190.5 was yesterdays cash close.

[lqiantobe]

Corba~ where I can find the Trading Signals posts?

[bullbear52]

OK lets get back on our daily chores, Neg D here.

[CognitiveDissonance]

Corba~ where I can find the Trading Signals posts?

Under the reports tab

http://www.cobrasmarketview.com/

[uempel]

If ES go above 1190.50 it is buy for scalping in my book

So you're scalping now...

[uempel]

If ES go above 1190.50 it is buy for scalping in my book

So you're scalping now...

[agnosia]

my major levels are 1194.5 pivot and /cl 86.12.. if we break these levels they will take us to test the highs of 1230 /es and 90.21 on crude. if this bull flag holds, could be our next stop. would love to see some more digestion though.