12/09/2011 Intraday Watering

[jarbo456]

my oh my...these bulls no how to twist your family jewels.

[Petsamo]

The good news for the bears is the German DAX did not bust resistance.

[mac769]

I'll be shorting 1252/53 (SPX numbers, I shall be shorting ES)

SPX9.png

I could not agree more, this is about the frontier where the "serious" money will probably think of getting short the lemmings...

so maybe a good idea to buy some FAZ later in the day

[Al_Dente]

1 minute
Bull still confirmed; first negative divergence
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =250028427

http://www.youtube.com/watch?v=LMnJA52X ... re=related

[noob]

corba's posting is not many as before

I'd comment a lot in trend day. I'd pretty much clueless in a range day most likely.

It's up 20 points, still call it a range day?

[BullBear52x]

No Neg D, need to bring up RSI higher.

i'm getting neg d on the 5 minute macd.

Our time frame is different, I use different setting.

[TWT]

Euroxx50 (Dec11) : strong rebound ..... but it is not an impulse up

TWT, You don't consider a Diagonal an Impulse?

yes I do but not for a wave iii .........

[newbie_77]

thank you

hi bullbear,
thank you. that may be for the monthly right? { i was looking for the weekly one }

The valley is the pin(126) that you are looking for.

http://aaplpain.com/?page_id=421

[99er]

Update

SPX http://99ercharts.blogspot.com/2011/12/spx_6015.html

Shall we take the truck?

[SB73]

Long at 125.50 just closed out....the bulls seem to be content with a slow grind higher. Really careful here about the next direction and don't feel like gambling.

[Me XMan]

Filled...let's go bears...beat on little bulls...damn it!

Short order in for $125.85...

[TWT]

SPX: extension targets

[lqiantobe]

corba~ it's not range day, isn't it?

[waverider]

corba's posting is not many as before

I'd comment a lot in trend day. I'd pretty much clueless in a range day most likely.

It's up 20 points, still call it a range day?

Who cares about how many points it's up, price action says a double top is possible, the markets made three pushes up from ylow.

[mac769]

just out of mild curiosity. anyone know WHAT the EU accord said?

Basically, the "grand solution" has NOT been accomplished and the can is kicked down the road for some more time until the 1.5 trillion of credit roll-over in 2012 will bite the market...

here you can see, that nothing has really changed and will not change at all, after a short jump in "hopium" that something was achieved to solve the problem:

http://graphics.thomsonreuters.com/11/1 ... tings.html

[BullBear52x]

Liquidity watch, DBV here, see daily standard MACD every turn on MACD indicates top, that's what happened in the last year or so since market only rely on power that be money to move higher, unless the real economy cash kicks in I still see this chart as valid.

[Al_Dente]

Update
SPX http://99ercharts.blogspot.com/2011/12/spx_6015.html
Shall we take the truck?

99er
got a current $TNX chart handy? It's going nutzoid bull spy?

[Anaconda]

Target! Cease fire! Hit the blue bar. We will likely hit the top, at 78%, and then go down. Dumped my long positions, back short to yesterday's lows.
A.

[Petsamo]

This nonsense is proof that only the big boys can influence the markets.

[SB73]

Long at 125.50 just closed out....the bulls seem to be content with a slow grind higher. Really careful here about the next direction and don't feel like gambling.

Looks like that may have been the exhaustion bar