Back to www.cobrasmarketview.com

03/22/2011 Intraday Watering

User avatar
BullBear52x
Posts: 29720
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/22/2011 Intraday Watering

Post by BullBear52x »

TRAN is selling off hard, leading indicator?
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 58952
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/22/2011 Intraday Watering

Post by Cobra »

Range low support, let's see. The pullback is a little bit broad based, heavy weighted stocks are holding.
Attachments
1.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.
abracadabra
Posts: 12
Joined: Wed Feb 23, 2011 4:51 pm

Re: 03/22/2011 Intraday Watering

Post by abracadabra »

Today bull subdued...
Attachments
110322trin.jpg
verve$
Posts: 21
Joined: Tue Feb 15, 2011 11:15 pm

Re: 03/22/2011 Intraday Watering

Post by verve$ »

Cobra wrote:Overall, the chart pattern still looks bullish.
Inverse H&S rarely works in a downtrend
User avatar
Cobra
Site Admin
Posts: 58952
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/22/2011 Intraday Watering

Post by Cobra »

Could be exhaustion bar, so rebound here I guess.
Attachments
1.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
99er
Posts: 3686
Joined: Mon Feb 14, 2011 3:43 pm
Contact:

Re: 03/22/2011 Intraday Watering

Post by 99er »

User avatar
Cobra
Site Admin
Posts: 58952
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/22/2011 Intraday Watering

Post by Cobra »

Info. A little trendline here.
Attachments
1.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.
verve$
Posts: 21
Joined: Tue Feb 15, 2011 11:15 pm

Re: 03/22/2011 Intraday Watering

Post by verve$ »

Spy forming L1 on daily chart.
Could be a sell opportunity
simpletrader
Posts: 176
Joined: Tue Feb 15, 2011 10:24 am

Re: 03/22/2011 Intraday Watering

Post by simpletrader »

need to break down 1250 first
deep
Posts: 4
Joined: Mon Feb 14, 2011 2:04 pm

Re: 03/22/2011 Intraday Watering

Post by deep »

need a bull trap
Fritz Baxter
Posts: 37
Joined: Wed Mar 02, 2011 5:25 pm

Re: 03/22/2011 Intraday Watering

Post by Fritz Baxter »

deep wrote:need a bull trap
If JPM closes below the 50dma today, you may have the bull trap in financials
verve$
Posts: 21
Joined: Tue Feb 15, 2011 11:15 pm

Re: 03/22/2011 Intraday Watering

Post by verve$ »

verve$ wrote:Spy forming L1 on daily chart.
Could be a sell opportunity
I will short this market once it closes below yesterday low
User avatar
Cobra
Site Admin
Posts: 58952
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/22/2011 Intraday Watering

Post by Cobra »

So far the market looks not bad, could be a Bull Flag in the forming therefore more on the upside.
Attachments
1.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.
millie
Posts: 42
Joined: Wed Feb 16, 2011 2:01 pm

Re: 03/22/2011 Intraday Watering

Post by millie »

thought i was seeing bear flags on 5 min last hour?
User avatar
Cobra
Site Admin
Posts: 58952
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/22/2011 Intraday Watering

Post by Cobra »

millie wrote:thought i was seeing bear flags on 5 min last hour?
Could be but the flag is a little too sharp, doesn't look like bears are attacking.
Attachments
1.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.
verve$
Posts: 21
Joined: Tue Feb 15, 2011 11:15 pm

Re: 03/22/2011 Intraday Watering

Post by verve$ »

verve$ wrote:
verve$ wrote:Spy forming L1/L2 on daily chart.
Could be a sell opportunity
I will short this market once it closes below yesterday low.
Likely it should break down and close below yesterday's low. Then tomorrow I expect another range day to test yesterday high; a perfect swing trade setup around 20ma.
Though today's close above yesterday high will negate the setup.
DCS
Posts: 35
Joined: Wed Mar 09, 2011 4:30 pm

Re: 03/22/2011 Intraday Watering

Post by DCS »

:)
This board is quite the hodgepodge of different opinions today.
User avatar
BullBear52x
Posts: 29720
Joined: Tue Feb 22, 2011 3:47 pm

Re: 03/22/2011 Intraday Watering

Post by BullBear52x »

OK, got enough coffee money yet? IWM looks sick, Magic market time.
Attachments
spy.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
EkOnkaar
Posts: 53
Joined: Wed Mar 02, 2011 9:58 am

Re: 03/22/2011 Intraday Watering

Post by EkOnkaar »

L
DCS wrote::)
This board is quite the hodgepodge of different opinions today.
I suppose that is what happens on trendless days..no one gets to win decisively.
Ek.
Fritz Baxter
Posts: 37
Joined: Wed Mar 02, 2011 5:25 pm

Re: 03/22/2011 Intraday Watering

Post by Fritz Baxter »

"Next support is 1220-1170"
Quote from BAC chartist.

http://www.zerohedge.com/article/bank-a ... -says-btfd
Post Reply