05/27/2011 Intraday Watering

[99er]

whatdoIknow: "What's your TA on RUT?"

I posted a wave count on TF first thing this morning (see above); this may be a "3 of 3."

[alvian33]

cobra any thoughts on gold (/GC)? thanks

[Cobra]

cobra any thoughts on gold (/GC)? thanks

bullish for now. it's on the way to test the previous all time high (either with lower high or higher high, we'll have to wait and see).

[Tabby]

Cobra,
I am so sorry to ask you this question again. green line is FXA:FXY. Correct?
I promise, I'll write it down this time. Second part of your chart is very unique.

[amalgamator]

cobra any thoughts on gold (/GC)? thanks

Open interest, range breakout and gold sentiment all suggestive of a new upleg.

More: http://amalgamator.co.uk/2011May23rd.aspx

[waver]

ZSL could be your runner for the day. Certainly there is a positive divergence on the hourly in addition to what looks like a possible wedge.

I see a likely short squeeze in silver today...
This is what makes a market )

Gluck.

The time to get bullish on silver was a few weeks ago. At this point, it's late to the party. I was bullish on it for the past few weeks and rode AGQ from 154 to 200, but now I like ZSL.

So far Gold already retraced more than 61.8% and Silver retraced less than 38.2% for their previous declines.

[cougar]

After a rest here. IWM should climb to the next resistance zone, around 84.50 (6/8 Murrey Math).

[waver]

cobra any thoughts on gold (/GC)? thanks

bullish for now. it's on the way to test the previous all time high (either with lower high or higher high, we'll have to wait and see).

We will see new high on Gold, not very sure on Silver yet. But look like Silver is catching up the bounce. Dollar is weak today. -Waver

[whatdoIknow]

whatdoIknow: "What's your TA on RUT?"

I posted a wave count on TF first thing this morning (see above); this may be a "3 of 3."

Thanks! Somehow I missed it?

[gabor]

Hi Gabor, the dots are accurately placed. The line is skewed to the right because the pressure is into and around the new moon or full moon. I.e. we don't hit new moon then fall. This is about nocturnal illumination and its role in human evolution so the general period leading into and around maximum moonlight is what we are working on. I should work on the line...

Hi Amalgamator,

The last full moon was on May 17. The red dot is placed a bit right to about May 20. The SPX localy bottomed on May 17. I was about going long.
Just check it out.
http://eclipse.gsfc.nasa.gov/phase/phase2001gmt.html

[agnosia]

We will see new high on Gold, not very sure on Silver yet. But look like Silver is catching up the bounce. Dollar is weak today. -Waver

also gold has already made new highs priced in euros... so it's only a matter of time probably once the dollar resumes its decline. gonna be a bumpy ride though...

[gabor]

Cobra, do you pay for intraday online data? Is there any way to get access to intraday data for free?

[amalgamator]

Hi Gabor, the dots are accurately placed. The line is skewed to the right because the pressure is into and around the new moon or full moon. I.e. we don't hit new moon then fall. This is about nocturnal illumination and its role in human evolution so the general period leading into and around maximum moonlight is what we are working on. I should work on the line...

Hi Amalgamator,

The last full moon was on May 17. The red dot is placed a bit right to about May 20. The SPX localy bottomed on May 17. I was about going long.
Just check it out.
http://eclipse.gsfc.nasa.gov/phase/phase2001gmt.html

Fair point. I had it as May 17 too. Didn't quite align the splodge with the tail.

[Cobra]

Cobra,
I am so sorry to ask you this question again. green line is FXA:FXY. Correct?
I promise, I'll write it down this time. Second part of your chart is very unique.

yes

[uempel]

Not sure if I'm allowed to post this here, as Cobra has strict rules in regard to smooching: this chart clearly shows a kiss:

[wower]

Cobra, a question for you.
When I was trying to go to your chinese site HT9, why do I always see this and can not access it.
"论坛正在升级，请稍后来访问。谢谢"

[99er]

30-Year Bond
Ben...are you losing control?
http://99ercharts.blogspot.com/2011/05/30y_27.html

[99er]

uempel: "smooching"

Nice!

Chart I mean.

[Cobra]

Cobra, a question for you.
When I was trying to go to your chinese site HT9, why do I always see this and can not access it.
"论坛正在升级，请稍后来访问。谢谢"

Well, not again! For so many years, you've been visiting the wrong site. the site has moved to hutong9.net, not hutong9.com. The reason it worked before was I did the auto forward for you.

[alphahorn]

Alpahorn,
Do you have any opinion about silver?
Many thanks.

Cletus,
Your ZSL chart looking Awesome. I hope it goes through......