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07/29/2011 Intraday Watering

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Cobra
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07/29/2011 Intraday Watering

Post by Cobra »

Big gap down below yesterday's low, so chances are the gap won't be filled. I'm not sure though, depends on how the Global ES overnight low is broken, not decisively enough then clearly we have 3 push down pattern therefore the pullback is near an end.
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Here's the evil plan I made for Global ES in the last night comment session in my Chinese forum (just occasional session otherwise it'll sure be in here), so far goes exactly like I planned, right? I'll maintain the plan for now unless the overnight low is decisively broken.
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The next Monday is the 1st trading day of the month, everyone knows it supposes to be very very bullish, but unfortunately, not only recently we have so called "bearish Monday", but according to Stock Trader's Almanac, first trading day in August weak, Dow down 9 of last 13.

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99er
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Re: 07/29/2011 Intraday Watering

Post by 99er »

Good Morning.

Honey?
EURUSD http://99ercharts.blogspot.com/2011/07/eurusd_29.html
Mas cafe por favor.
agnosia
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Re: 07/29/2011 Intraday Watering

Post by agnosia »

morning guys, took off the last couple of days, looks like i missed some fun. i bought the blood today, long /es 1283.5
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99er
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Re: 07/29/2011 Intraday Watering

Post by 99er »

Honey...TGIF.
ES http://99ercharts.blogspot.com/2011/07/es_29.html

Mas cervesa por favor.
cougar
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Re: 07/29/2011 Intraday Watering

Post by cougar »

The support zone for SPX is now between 1886.5 and 1282, as defined on 2 charts...
I think it will not hold...
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Re: 07/29/2011 Intraday Watering

Post by cougar »

On SPX 30 min: in the present conditions, the 1286.5 confluence will be a “pivot for the day” and not support.
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cougar
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Re: 07/29/2011 Intraday Watering

Post by cougar »

On the SPX Gann square (daily): under the Wed. closing price, there is a zone of confluence which looks supportive (1289.5 -1299)
But since they will probably gap under it...1282 will be active first support. first
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cougar
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Re: 07/29/2011 Intraday Watering

Post by cougar »

NDX 130 min: the image of complacency
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Re: 07/29/2011 Intraday Watering

Post by cougar »

IWM: plenty of room to drop to the lower target = 77.5
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Cobra
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Re: 07/29/2011 Intraday Watering

Post by Cobra »

the open.
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Re: 07/29/2011 Intraday Watering

Post by Anca »

Good morning :)
What is a good support on Google? Thanks
hiram
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Re: 07/29/2011 Intraday Watering

Post by hiram »

cougar wrote:NDX 130 min: the image of complacency
why do you say that?

thanks hiram
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Cobra
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Re: 07/29/2011 Intraday Watering

Post by Cobra »

testing MA200 now.
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KENA
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Re: 07/29/2011 Intraday Watering

Post by KENA »

If we can't hold 1286/1288 after we may be in trouble.
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BullBear52x
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Re: 07/29/2011 Intraday Watering

Post by BullBear52x »

GM, what an ugly day for dip buyers o u c h!

Al_dente, I do not trade SOXL, I trade SMH and TYP/TYH
My comments are for entertainment/educational purpose only. NOT a trade advice.
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KENA
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Re: 07/29/2011 Intraday Watering

Post by KENA »

KENA wrote:If we can't hold 1286/1288 after we may be in trouble.
Should read after open.
agnosia
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Re: 07/29/2011 Intraday Watering

Post by agnosia »

ouch. wondering if we are gunning for 1274.75 gap on /es. i am expecting a strong PMI @ 9:45 so we may get a nice pop.
hiram
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Re: 07/29/2011 Intraday Watering

Post by hiram »

im back in my apple puts at 5.10 on the bounce, this should be good for a nice ride..... thanks everyone for hard work, and just wanted to give cobra props for evil plan!

thanks hiram
agnosia
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Re: 07/29/2011 Intraday Watering

Post by agnosia »

ok liquidity on /es just disappeared, i am on the sidelines.
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99er
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Re: 07/29/2011 Intraday Watering

Post by 99er »

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