03/05/2012 Intraday Watering

[bbc]

for those of you who trade TVIX...this was a really well put together article on what's been going on in the TVIX market...

i don't really trade the VIX ETP's, but have been trying to incorporate a more in-depth volatility analysis into my overall trading...

http://www.indexuniverse.com/sections/f ... tures.html

if you are really interested with VIX stuff. I have these two blogs to recommend.

http://vixandmore.blogspot.com/
http://onlyvix.blogspot.com/

[Cobra]

lunch time, will be back. kind of key time now, the pattern still looks like a descending triangle, but since it's tested the morning low already, so if bears failed to push down here, then chances are the low was in, we'll see a v sharp reversal once again.

[BullBear52x]

Hmm....this time might be different

[bbc]

lunch time, will be back. kind of key time now, the pattern still looks like a descending triangle, but since it's tested the morning low already, so if bears failed to push down here, then chances are the low was in, we'll see a v sharp reversal once again.

No.................

[Me XMan]

You know SPX will close gaps at 1000...

... closer view of SPX 60m. bounce or break.

[uempel]

Al_Dente might not be here today, but his charts sure are. His 1 min not yet signalling a buy, but looking a bit better than an hour ago.

http://stockcharts.com/h-sc/ui?s=SPY&p= ... =244805551

[btran874]

You know SPX will close gaps at 1000...

... closer view of SPX 60m. bounce or break.

Not a chance. iCrash is not gonna be here until a few years later maybe 2019 who knows. Yelp is worth almost a billie. You dare short Nasdaq? FaceBook and many other tech whores IPO coming later this year and the next gonna make Nasdaq pre 2000 look like a 3rd grade chart.

[SB73]

And we are off. I closed out SPXU and am now in wait and see mode. Personally, I think bears have one more shot tomorrow before the bulls put the onslaught together.

[fehro]

could be a little bear flag/triangle

[uempel]

Channel support on the daily worked perfectly, but note that the RSI broke channel support (not showing the break here).

[stucap]

could be a little bear flag/triangle

Need to close below SPX 1358 for bears to have any chance of setting a top (and then we need follow through tomorrow)

[BullBear52x]

Channel support on the daily worked perfectly, but note that the RSI broke channel support (not showing the break here).

cv.png

cvv.png

Mid BB stands at 135.96

[uempel]

Channel support on the daily worked perfectly, but note that the RSI broke channel support (not showing the break here).

cv.png

cvv.png

Mid BB stands at 135.96

Yeah, I've been watching DMA 20 all morning...

[Cobra]

so far all look like a bear flag, but I know most of you don't believe bear flag anymore (including me). well, let's see if this time finally could be a little different.

[BullBear52x]

Here is my short term target if not today then tomaro, well, guessing here.

[johnnywa]

And we are off. I closed out SPXU and am now in wait and see mode. Personally, I think bears have one more shot tomorrow before the bulls put the onslaught together.

What is the on slaught?

[BullBear52x]

so far all look like a bear flag, but I know most of you don't believe bear flag anymore (including me). well, let's see if this time finally could be a little different.

You don't believe in H&S now you don't believe in bear flag, what's left to believe?

[jarbo456]

it looks like they are really trying to squeeze the dow via IBM...not getting much sympathy from AUD/JPY, IWm, or the Q's - but they're doing a darn good job of making sure we don't fall any further either.

[bbc]

I am shorting this

[Cobra]

symmetrical triangle or ascending triangle, we'll have to wait and see. just triangle is continuation pattern, even ascending triangle, it's not a reversal pattern, be sure you clear about this.