05/13/2011 Intraday Watering

gabor · Post by **gabor** » Fri May 13, 2011 3:40 pm

Cobra wrote:volume surge plus trend line support, so rebound I guess.

What is your guess for the big picture? Triangle will be broken up or down?

StrikePrice · Post by **StrikePrice** » Fri May 13, 2011 3:44 pm

Well it could be a trap....

Post by **Cobra** » Fri May 13, 2011 3:45 pm

gabor wrote:
Cobra wrote:volume surge plus trend line support, so rebound I guess.
What is your guess for the big picture? Triangle will be broken up or down?

down is a little more likely.

KENA · Post by **KENA** » Fri May 13, 2011 3:47 pm

StrikePrice wrote:Well it could be a trap....

A lot of the leaders are dn today so I don't know if it would be a trap.

Tabby · Post by **Tabby** » Fri May 13, 2011 3:48 pm

Have a nice weekend. Thanks for everything.

KENA · Post by **KENA** » Fri May 13, 2011 3:52 pm

COBRA.. Thanks for the week...See you next week..Might be bearish.

Post by **Cobra** » Fri May 13, 2011 3:53 pm

failed rebound, too weak, but support below still held. guess no time for bears anymore, we'll have to wait until the next week.

Post by **Cobra** » Fri May 13, 2011 3:56 pm

well, guess, let's it for today. I still think there should be another leg down before a meaningful rebound is possible. thank you guys, I'll see you the next Monday.

BullBear52x · Post by **BullBear52x** » Fri May 13, 2011 3:58 pm

Monday......Gap below the green will be arun away gap and complex Island reversal. not good looking future for Bulls. Thanks Cobra and everyone for great charts.

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05/13/2011 Intraday Watering

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