Back to www.cobrasmarketview.com

02/25/2011 Intraday Watering

User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/25/2011 Intraday Watering

Post by Cobra »

Let's see if we can make a breakout here. I have a little little little little doubt here though.
Attachments
SPY5min.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
zombiebraingoo
Posts: 289
Joined: Thu Feb 24, 2011 1:52 pm

Re: 02/25/2011 Intraday Watering

Post by zombiebraingoo »

we be in the bulls-eye...lol

rally on!
Attachments
bull eye.jpg
bull eye.jpg (3.89 KiB) Viewed 19008 times
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/25/2011 Intraday Watering

Post by Cobra »

OK, breakout, let's see if this bar can follow-through it.
Attachments
SPY5min.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
zombiebraingoo
Posts: 289
Joined: Thu Feb 24, 2011 1:52 pm

Re: 02/25/2011 Intraday Watering

Post by zombiebraingoo »

dow bull confirm is 12156
nelsonbelchior
Posts: 27
Joined: Wed Feb 16, 2011 3:27 pm

Re: 02/25/2011 Intraday Watering

Post by nelsonbelchior »

Cobra wrote:Let's see if we can make a breakout here. I have a little little little little doubt here though.
Breakout confirmed :)
PLMT
Posts: 14
Joined: Tue Feb 15, 2011 11:38 am

Re: 02/25/2011 Intraday Watering

Post by PLMT »

breakout,bull is so strong!!!
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 02/25/2011 Intraday Watering

Post by 99er »

SPX
Breakout?
http://99ercharts.blogspot.com/2011/02/spx_1391.html
Don't see it on the 60-minute chart.
zombiebraingoo
Posts: 289
Joined: Thu Feb 24, 2011 1:52 pm

Re: 02/25/2011 Intraday Watering

Post by zombiebraingoo »

99er wrote:SPX
Breakout?
http://99ercharts.blogspot.com/2011/02/spx_1391.html
Don't see it on the 60-minute chart.
depends where youre looking?

1320 could be resistance but it looks healthy to me - I expect a bullish end today but I've been wrong before! :shock:
Attachments
confused.png
confused.png (20.06 KiB) Viewed 18976 times
spx60.png
zombiebraingoo
Posts: 289
Joined: Thu Feb 24, 2011 1:52 pm

Re: 02/25/2011 Intraday Watering

Post by zombiebraingoo »

here it comes...
User avatar
Me XMan
Posts: 2014
Joined: Thu Feb 17, 2011 12:01 pm

Re: 02/25/2011 Intraday Watering

Post by Me XMan »

Please be polite in your postings.
zombiebraingoo
Posts: 289
Joined: Thu Feb 24, 2011 1:52 pm

Re: 02/25/2011 Intraday Watering

Post by zombiebraingoo »

Me XMan wrote:Please be polite in your postings.
have I not been - if not, I apologize!

I was trying to be funny and informative...my bad.

for the record I meant that I am confused - :?
Last edited by zombiebraingoo on Fri Feb 25, 2011 2:55 pm, edited 1 time in total.
Jennyahwu
Posts: 81
Joined: Tue Feb 15, 2011 1:31 pm

Re: 02/25/2011 Intraday Watering

Post by Jennyahwu »

Cobra, what do u think of Oil?
thanks
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/25/2011 Intraday Watering

Post by Cobra »

Critical, breakdown below here will be a small double top. Bull hope a little breakdown then sharply reversal, trapping bears to form a failed double top then the market can go much higher as bear has to run for cover, so critical point here.
Attachments
SPY5min.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/25/2011 Intraday Watering

Post by Cobra »

Jennyahwu wrote:Cobra, what do u think of Oil?
thanks
As of yesterday, WTIC still holds the breakout point, so the chart looks bullish. A consolidation over the breakout point would be very bullish.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
zombiebraingoo
Posts: 289
Joined: Thu Feb 24, 2011 1:52 pm

Re: 02/25/2011 Intraday Watering

Post by zombiebraingoo »

Hui
nice move after yesterdays profit taking...
Attachments
hui.PNG
User avatar
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 02/25/2011 Intraday Watering

Post by 99er »

zombiebraingoo
Posts: 289
Joined: Thu Feb 24, 2011 1:52 pm

Re: 02/25/2011 Intraday Watering

Post by zombiebraingoo »

5min - strong here

watch shorts if you have em
Attachments
5minspx.png
90ufo
Posts: 33
Joined: Wed Feb 23, 2011 5:09 pm

Re: 02/25/2011 Intraday Watering

Post by 90ufo »

Cobra wrote:Critical, breakdown below here will be a small double top. Bull hope a little breakdown then sharply reversal, trapping bears to form a failed double top then the market can go much higher as bear has to run for cover, so critical point here.
indeed a failed double top. 1 TICK below neck then reversal. SPX 1320 is ~5day MA.
User avatar
Miangua
Posts: 3
Joined: Mon Feb 14, 2011 12:09 pm

Re: 02/25/2011 Intraday Watering

Post by Miangua »

Cobra wrote:Critical, breakdown below here will be a small double top. Bull hope a little breakdown then sharply reversal, trapping bears to form a failed double top then the market can go much higher as bear has to run for cover, so critical point here.
wohl~
andyzaky
Posts: 22
Joined: Tue Feb 22, 2011 4:32 pm

Re: 02/25/2011 Intraday Watering

Post by andyzaky »

FIRST OF THE MONTH RALLY

Anyone else here concerned about the first of the month rally. Look at September 1, October 1, December 1, January 1, February 1...

I really want to short this bounce right now, but damn. There's real concern about going short into the first of the month. We've massive money enter this market on the first. Oh yeah. Go back even further. August 1 is also a huge day in the markets. So yeah. I think I might sit this one out at least until we pass the first of the month.

I think its really worth going back and looking at the data. It's not something worth messing around with because so many HUGE up days on those days.

Edit: below is a list of what happened on the first trading session of the month. This is for the S&P 500

February 1: +21 or 1.6%
January 3: +14 or 1.1%
December 1: +26 or 2.2%
November 1: +1 .08%
October 1: +5 or .4%
September 1: +31 or 2.95%
August 1: +24 or 2.17%

Notice that on some of these months, like in July, the market had a huge up day like 2-3 sessions into the month. That was very common when we didn't see a huge up day on the first trading session.
Last edited by andyzaky on Fri Feb 25, 2011 3:30 pm, edited 1 time in total.
Post Reply