Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:22 am
a little mini double top here would be nice for those of us holding trapped shorts here...
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10/11/2011 Intraday Watering
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Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:22 am
JBTFD, that's my strategy for the day or by the majority. Majority usually wins right? lol.
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:23 am
If ES go above 1190.50 it is buy for scalping in my book 
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:24 am
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.
paging AL_DENTE....
using your internals chart...minute refresh...looking like the bulls are clawing their way back pretty nicely.
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:24 am
so far looks bullish. consolidation before breakout always is good.
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:24 am
bonds showing a lot of weakness
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:24 am
RVX made lower low. We are going higher today.
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:25 am
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…rhight wrote:cougar,cougar wrote: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.
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.
I agree with your analysis.
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:26 am
transports really kicking some butt...gnk up almost 8%...
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:28 am
SPY break above 119.56 puts 122.02 very likely in play...-_-
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:28 am
Just bought another 50% long. Up Up Up, ole, ole.... 
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:29 am
I'll add 50% short at 1200 and another 50% at 1207.
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:30 am
I know this time is different, well, it is.
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:30 am
what is your stop on that? 1190.5 was yesterdays cash close.Dow Trader wrote:If ES go above 1190.50 it is buy for scalping in my book
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:31 am
Corba~ where I can find the Trading Signals posts?
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:33 am
OK lets get back on our daily chores, Neg D here.
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:34 am
Under the reports tablqiantobe wrote:Corba~ where I can find the Trading Signals posts?
http://www.cobrasmarketview.com/
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:35 am
So you're scalping now...Dow Trader wrote:If ES go above 1190.50 it is buy for scalping in my book
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:35 am
So you're scalping now...Dow Trader wrote:If ES go above 1190.50 it is buy for scalping in my book
Re: 10/11/2011 Intraday Watering
Posted: Tue Oct 11, 2011 10:38 am
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.