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05/04/2011 Intraday Watering

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Cobra
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05/04/2011 Intraday Watering

Post by Cobra »

Flat open, nothing to say. The chart looks like there should be one more leg down though, just hard to say how far the current rebound would go.
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chickencoop
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Re: 05/04/2011 Intraday Watering

Post by chickencoop »

morning
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99er
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Re: 05/04/2011 Intraday Watering

Post by 99er »

Good Morning.

ES 4-hour chart has a possible H&S targeting 1319 and a possible second H&S targeting 1283. If both prove valid, then the bullish IH&S target of 1432 gets tossed. At any rate, it's tough to feel bullish as we head down towards the 61.8% retrace of the prior high. Good luck.

ES: http://99ercharts.blogspot.com/2011/05/es_04.html
Last edited by 99er on Wed May 04, 2011 9:19 am, edited 1 time in total.
maldini
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Re: 05/04/2011 Intraday Watering

Post by maldini »

GOOD MORING Cobra
agnosia
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Re: 05/04/2011 Intraday Watering

Post by agnosia »

Feels like a coil... i traded the /es last night and there are some HUGE bids at 1345-56 ... Someone big didn't wan't the /es to fall below that level yesterday. It was an easy trade to go long at that level. Also there were some sellers at 1355 but nearly as large as the bidders below.
cletus
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Re: 05/04/2011 Intraday Watering

Post by cletus »

Rebound to 1366 or so is due. Even if pullback to 1340 then still rebound to 1366.
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amalgamator
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Re: 05/04/2011 Intraday Watering

Post by amalgamator »

Hi guys,

Geomagnetism trumped positive seasonality and moon phase the last couple of days (see planetary A index below and how it affects the market) but subsided now
4may1.gif
4may2.gif
For those interested, I've put together a forecast model for the rest of May combining the geomagnetism forecast, moon phase and seasonality, and it advocates long today and tomorrow:

http://amalgamator.co.uk/2011May4th.aspx
chickencoop
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Re: 05/04/2011 Intraday Watering

Post by chickencoop »

fascinating!
amalgamator wrote:Hi guys,

Geomagnetism trumped positive seasonality and moon phase the last couple of days (see planetary A index below and how it affects the market) but subsided now
4may1.gif
4may2.gif
For those interested, I've put together a forecast model for the rest of May combining the geomagnetism forecast, moon phase and seasonality, and it advocates long today and tomorrow:

http://amalgamator.co.uk/2011May4th.aspx
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Cobra
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Re: 05/04/2011 Intraday Watering

Post by Cobra »

The open.
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Cobra
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Re: 05/04/2011 Intraday Watering

Post by Cobra »

the catch today is AUDJPY is very weak.
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agnosia
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Re: 05/04/2011 Intraday Watering

Post by agnosia »

good call on aud/jpy cobra... aka the carry trade. apparently some of the big position traders have been selling their AUD positions. maybe china inflation fears..
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Cobra
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Re: 05/04/2011 Intraday Watering

Post by Cobra »

nothing to say. the general pattern should be to revisit yesterday's low most likely a lower low. but we'll have to wait and see.
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Cobra
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Re: 05/04/2011 Intraday Watering

Post by Cobra »

just to remember where the support is.
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Cobra
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Re: 05/04/2011 Intraday Watering

Post by Cobra »

OK, here we go, testing the overnight low. I'm expecting a lower low. a decisively breakdown would be very bad though. let's see.
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BullBear52x
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Re: 05/04/2011 Intraday Watering

Post by BullBear52x »

GM,
FAZ!!!! finacial finally give in to the bears.
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Cobra
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Re: 05/04/2011 Intraday Watering

Post by Cobra »

channel support.
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99er
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Re: 05/04/2011 Intraday Watering

Post by 99er »

EURUSD
Great effort, Monsieur Trichet.
http://99ercharts.blogspot.com/2011/05/eurusd_04.html
The market is bigger than you.
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BullBear52x
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Re: 05/04/2011 Intraday Watering

Post by BullBear52x »

133.35, gap support area and fibbo 50% for support spy
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BullBear52x
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Re: 05/04/2011 Intraday Watering

Post by BullBear52x »

VXD Sell the Rally! Fear is back on DOW per VXD

VIX and VXN are not yet confirmed long tern sell the rally, but DOW is in.
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Cobra
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Re: 05/04/2011 Intraday Watering

Post by Cobra »

rebound from support. a little overshot here. no idea how rebound would go. wait and see.
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