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02/15/2011 Intraday Watering

2bits
Posts: 1
Joined: Tue Feb 15, 2011 5:16 pm

Re: 02/15/2011 Intraday Watering

Post by 2bits »

More upside to oil, the market won't come down much with oil up trending...
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Rocket_Man88
Posts: 15
Joined: Tue Feb 15, 2011 9:24 am

Re: 02/15/2011 Intraday Watering

Post by Rocket_Man88 »

Thanks Cobra. Great to hear your comments during the trading day. :D
ttown
Posts: 5
Joined: Tue Feb 15, 2011 8:53 am

Re: 02/15/2011 Intraday Watering

Post by ttown »

thank's cobra
navybean
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Joined: Tue Feb 15, 2011 10:24 am

Re: 02/15/2011 Intraday Watering

Post by navybean »

Thanks Cobra.
trade28
Posts: 1
Joined: Mon Feb 14, 2011 4:04 pm

Re: 02/15/2011 Intraday Watering

Post by trade28 »

Cobra wrote:First of all, welcome aboard. The ship leaves around 9:10am ET every morning. Feel free to water here. I may not have time to reply every mintue, but I'm always here so just keep watering...

Surprise surprise surprise, 5 consecutive gap down opening, I don't rememeber this happening for a long long time. Change of character? Well, let's see. Judging by the gap, it's almost out of yesterday's range, so the gap may not get filled and today could be a trend day - either uptrend whole day or downtrend whole day. The global ES looks like a H&S top with the neckline being tested so many times so I don't think it's going to hold, therefore chances are good this H&S top may work, targeting 1318 ES.
Cobra,

Hutong9 has a nice feature which let us select to watch just a certain person's post in a thread. Do you know is it available here?

trade28
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Cobra
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Re: 02/15/2011 Intraday Watering

Post by Cobra »

trade28 wrote:
Cobra wrote:First of all, welcome aboard. The ship leaves around 9:10am ET every morning. Feel free to water here. I may not have time to reply every mintue, but I'm always here so just keep watering...

Surprise surprise surprise, 5 consecutive gap down opening, I don't rememeber this happening for a long long time. Change of character? Well, let's see. Judging by the gap, it's almost out of yesterday's range, so the gap may not get filled and today could be a trend day - either uptrend whole day or downtrend whole day. The global ES looks like a H&S top with the neckline being tested so many times so I don't think it's going to hold, therefore chances are good this H&S top may work, targeting 1318 ES.
Cobra,

Hutong9 has a nice feature which let us select to watch just a certain person's post in a thread. Do you know is it available here?

trade28
Haven't found that yet. I'm afraid now.

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balance
Posts: 41
Joined: Tue Feb 15, 2011 6:37 am

Re: 02/15/2011 Intraday Watering

Post by balance »

great site cobra.
I mainly use wolfe wave as technical analysis. For what's worth, dollar (/dx) is on a down trend, so spx will not drop too much.
This was captured around 2.xx pm yesterday,
Image

and the dollar index hourly is *potentially* on a down trend, pending no more geopolitical or EU zone surprise,
Image

Love to hear more discussions, like weekly vix and weekly option, etc.
Dow Trader
Posts: 733
Joined: Thu Feb 17, 2011 11:59 am

Re: 02/15/2011 Intraday Watering

Post by Dow Trader »

watch USD could bounce strongly from here
hourly Stochastic at 10 while USD in trading range... you know stochastic works good in trading range
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Re: 02/15/2011 Intraday Watering

Post by Dow Trader »

also hourly USD MACD usually bounce from 0.021 if it is not trend and in the same time AUD hit strong resistance a moment ago in the daily chart
Dow Trader
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Re: 02/15/2011 Intraday Watering

Post by Dow Trader »

but usually EUR advancees in the USA session.. So maybe it will drop overnight not now, who knows
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Re: 02/15/2011 Intraday Watering

Post by Dow Trader »

The first sign of weakness in EUR wll be if go below 135.60 from, otherwise clear short signal yet but I will be waiting, I don't want to short her with no clear stop. :)
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Re: 02/15/2011 Intraday Watering

Post by Dow Trader »

Check the daily MACD in VIX if it closed above 16.80 today, it will close above the zero line
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Cobra
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Re: 02/15/2011 Intraday Watering

Post by Cobra »

Dow Trader wrote:Check the daily MACD in VIX if it closed above 16.80 today, it will close above the zero line
Hi, welcome, but it's a wrong thread, nobody is here. Try 02/17 thread... :D

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Dow Trader
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Re: 02/15/2011 Intraday Watering

Post by Dow Trader »

:) thanks
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KENA
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Re: 02/15/2011 Intraday Watering

Post by KENA »

FYI...IF we cannot hold the 1325/1327 area and break below 1320 we could see a drop to the 1303/1305. Yesterdays bounce up was not confirmed by the mkt internals. This presents a problem. Watch this up move to 1325 it may fail.
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