05/11/2011 Intraday Watering

sniffer · Post by **sniffer** » Wed May 11, 2011 12:51 pm

congrate on Cobra great prediction - short term top.
Thanks Cobra on your wonder work.

sniffer · Post by **sniffer** » Wed May 11, 2011 12:52 pm

Typo: Congrate on Cobra's wonderful work.

ocassional observer · Wed May 11, 2011 12:55 pm

does the daily IWM chart qualifies for a h&S?

agnosia · Post by **agnosia** » Wed May 11, 2011 1:04 pm

so far the 20sma on the daily /es chart has held perfectly..

biotrader · Post by **biotrader** » Wed May 11, 2011 1:04 pm

sniffer wrote:congrate on Cobra great prediction - short term top.
Thanks Cobra on your wonder work.

Did I miss that?

StrikePrice · Post by **StrikePrice** » Wed May 11, 2011 1:06 pm

agnosia wrote:so far the 20sma on the daily /es chart has held perfectly..

we can't count the bulls out just yet.

Post by **Cobra** » Wed May 11, 2011 1:11 pm

triangle or flag or whatever, looks like the selling isn't done yet.

Me XMan · Post by **Me XMan** » Wed May 11, 2011 1:15 pm

Is this the beginning of MAJOR CORRECTION?

Cobra wrote:triangle or flag or whatever, looks like the selling isn't done yet.

gabor · Post by **gabor** » Wed May 11, 2011 1:17 pm

sniffer wrote:congrate on Cobra great prediction - short term top.
Thanks Cobra on your wonder work.

I remember, Cobra said yesterday that more upside is ahead. Did I misunderstand something? The RED was predicted for tomorrow.

BillyRipken · Post by **BillyRipken** » Wed May 11, 2011 1:20 pm

I think you have to stick with his original thesis for the week. Bernake tried to throw up some noise and interference in the middle of things.

99er · Post by **99er** » Wed May 11, 2011 1:28 pm

Copper
Now back testing the lower boundary of a falling channel.
http://99ercharts.blogspot.com/2011/05/copper.html
Uh oh.

uempel · Post by **uempel** » Wed May 11, 2011 1:29 pm

Update of the daily:

KENA · Post by **KENA** » Wed May 11, 2011 1:35 pm

I don't know to much about waves but this looks like a "C" wave dn then the "D" wave up.Could take the mkt to 1320 1325 area or lower befor we go up.

agnosia · Post by **agnosia** » Wed May 11, 2011 1:36 pm

dollar broke out from it's rectangle.. goodbye market..

Post by **Cobra** » Wed May 11, 2011 1:40 pm

ok, this looks good, pretty good chances a good rebound here if not low was in.

soku · Post by **soku** » Wed May 11, 2011 1:47 pm

the low is 1332.5? eurusd 1.419?
damn it is illegal to go down during my lunch break

uempel · Post by **uempel** » Wed May 11, 2011 1:48 pm

Cobra wrote:ok, this looks good, pretty good chances a good rebound here if not low was in.

Agree:

gabor · Post by **gabor** » Wed May 11, 2011 1:56 pm

Who is gonna trade this "good chance" long?

99er · Post by **99er** » Wed May 11, 2011 1:59 pm

Silver
Update.
http://99ercharts.blogspot.com/2011/05/silver_11.html

99er · Post by **99er** » Wed May 11, 2011 2:00 pm

Gold
Update.
http://99ercharts.blogspot.com/2011/05/gold_11.html

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05/11/2011 Intraday Watering

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