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03/01/2011 Intraday Watering

wave
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Re: 03/01/2011 Intraday Watering

Post by wave »

If today close below 1320, then the short trend is down. Let's wait.
Cobra wrote:
wave wrote:Maybe today is the lower high since 02/22 and then we will see a lower low.
Too early to tell. The daily chart doesn't look good assuming we close right here - a Bearish Engulfing could have formed.
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99er
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Re: 03/01/2011 Intraday Watering

Post by 99er »

Crude
Wolfe Wave target of 93.95.
http://99ercharts.blogspot.com/2011/03/crude.html
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BullBear52x
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Re: 03/01/2011 Intraday Watering

Post by BullBear52x »

Bulls got knock back down again.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Re: 03/01/2011 Intraday Watering

Post by BullBear52x »

predict Gap up on FXP tomorrow

Thanks Cobra, I know I didn't say thanks enough.

GL trading today I am done for now.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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KENA
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Re: 03/01/2011 Intraday Watering

Post by KENA »

I just can't understand all of the Dip Buyers out there... But I guess that is what makes the Mkt.
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Cobra
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Re: 03/01/2011 Intraday Watering

Post by Cobra »

3 push down, so the market could be bottomed here (intraday only). Let's see how rebound goes.
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99er
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Re: 03/01/2011 Intraday Watering

Post by 99er »

bear33
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Re: 03/01/2011 Intraday Watering

Post by bear33 »

cobra you think we rebound from here, or the sell of is too strong to go long?
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Cobra
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Re: 03/01/2011 Intraday Watering

Post by Cobra »

bear33 wrote:cobra you think we rebound from here, or the sell of is too strong to go long?
Don't long. This is a failed Double Bottom, careful.
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99er
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Re: 03/01/2011 Intraday Watering

Post by 99er »

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Cobra
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Re: 03/01/2011 Intraday Watering

Post by Cobra »

Nothing new to say, just don't long.
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simpletrader
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Re: 03/01/2011 Intraday Watering

Post by simpletrader »

Cobra wrote:3 push down, so the market could be bottomed here (intraday only). Let's see how rebound goes.
2nd legs coming in 60min chart
greenback
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Re: 03/01/2011 Intraday Watering

Post by greenback »

Looks like $SPX is going to 1304 ...
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Cobra
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Re: 03/01/2011 Intraday Watering

Post by Cobra »

Little Fib measurement, info only. Still nothing to say.
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simpletrader
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Re: 03/01/2011 Intraday Watering

Post by simpletrader »

almost reach the end of falling wedge.
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Roadrunner
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Re: 03/01/2011 Intraday Watering

Post by Roadrunner »

Cobra
Learning from this intraday messages and from all who contribute. I couldn't help but notice the inverse relationship spx vs oil as we approach 100$/barrel WTI. Do you think the TA of Oil prices have meaningful forecast for spx?
greenback
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Re: 03/01/2011 Intraday Watering

Post by greenback »

Iran is probably in a bigger trouble than people have thought ...
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Cobra
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Re: 03/01/2011 Intraday Watering

Post by Cobra »

Roadrunner wrote:Cobra
Learning from this intraday messages and from all who contribute. I couldn't help but notice the inverse relationship spx vs oil as we approach 100$/barrel WTI. Do you think the TA of Oil prices have meaningful forecast for spx?
Nowadays it works, but not always. Generally, a strong oil is good for stock market, but when oil goes too high, it'll become bad for the market. And another thing, how to know it could be a later stage of a bull market? Watch energy sector, if it rises crazy like now, well, be careful.

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Cobra
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Re: 03/01/2011 Intraday Watering

Post by Cobra »

Fib 61.8 retracement, let's see how market reacts here.
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KENA
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Re: 03/01/2011 Intraday Watering

Post by KENA »

I have to leave early today.Take the wife out for lunch. If we break 1300/1303 we could go to 1290 the 50ema.
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