12/29/2011 Intraday Watering

[Al_Dente]

Is germany leading up?
I’m not listening to news today; everything EU fixed ?
http://stockcharts.com/h-sc/ui?s=$HXC&p ... listNum=15

PS: TNX lower low, testing double bottom

[waverider]

[TraderGirl]

For those that follow the Bradly turn dates ,yesterday 28th was the start of the MAJOR turn date.Trade carefully the next few days.These Major turn dates have been very accurate.Wait and see. Now lets see if we hit 126.42 today befor turning.

Bradley Turn dates are superstitious voodoo. Yet... I watch them. At times, they are uncanny in catching turns. It helps to give them up to three calendar days leeway. It all defies reason.

Whatever works...

I wouldn't poo-poo too much on Bradley turn dates. One of the important ones on July 29-30 timed the s&p falling through the 200 dma.

[99er]

So honey...what's for lunch?

SPX http://99ercharts.blogspot.com/2011/12/spx_7838.html

Care for a MACD cross?

[johnnywa]

Greenback just had a blowout,gotta stop and change

[TraderGirl]

Where is TWT?

If we are in wave b, and wave c equals wave a then:

Wave a: 1268-1248 = 20 pts
Wave c: 1260 to 1240 target

Cobra mentioned 2 legs down yesterday with a 1240ish target...???

[juankim]

Hello Everyone. Hope everyone had a Merry Christmas and is looking forward to a Happy & Prosperous New Year.

Have a question for the braintrust on the board regarding Futures Options. I've been thinking about dabbling in them (in my naivete I'm assuming it is similar to equities options). If anyone's had experience with them, I'd appreciate quick thoughts/insights. One major question I have (highlighting my ignorance on this issue) is where does one get quotes (including greek info) on futures options?

I am not able to find it on my trading platform (R Trader/pro from Vision Financials). Or rather, I do see the module for it but no info is displayed. Is this a case where I need to apply for Future Options privilege w/ a broker much like on equity side?

Much thanks in advance!

Please feel free to reply via PM or on the board.

[stockcycle]

Italy debt cost eased, Europe markets closed with big gains, EURUSD is bouncing. I think this third time after the MDD may be charm again. Bulls may expect a party this weekend.

Europe was down much more than us, may just be a squeeze

I say it today. I don't compare a period of time.

[SB73]

sc (3).png

nice chart...

[KENA]

So honey...what's for lunch?

SPX http://99ercharts.blogspot.com/2011/12/spx_7838.html

Care for a MACD cross?

Thanks ,I'm trying to make up my mind, this may help if it crosses.

[cougar]

Baron von Frontrunnnnn
Why do u watch IWM instead of the underlying $RUT

5min
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =249026794

I watch IWM because I am working TNA

There is an additional reason to watch IWM or $RUT. Many traders think that the summation of the Santa Claus Rally and the January Effect is reflected mainly on the small caps…which are the main candidates to go up nicely...
Indeed…today, already, all my small cap stocks are up significantly, as a %.

[Cobra]

nothing to say, looks like a typical 3 push up (aka Rising Wedge).

[Al_Dente]

Baron von Frontrunnnnn
Why do u watch IWM instead of the underlying $RUT...5min....
http://stockcharts.com/h-sc/ui?s=SPY&p= ... =249026794

I watch IWM because I am working TNA

There is an additional reason to watch IWM or $RUT. Many traders think that the summation of the Santa Claus Rally and the January Effect is reflected mainly on the small caps…which are the main candidates to go up nicely...Indeed…today, already, all my small cap stocks are up significantly, as a %.

hi cougie
I know u like spreads, but this is extreme, ouch (it’s arguably the most famous dance clip in film history, a national treasure,
noted for the spread action at the 2:24 mark)
http://www.youtube.com/watch?v=fNKRm6H- ... re=related

[waverider]

sc (3).png

nice chart...

Thanks...

[Petsamo]

Something's going on with my EWZ (Brazil). Lots of buying & selling at this time

[BullBear52x]

I can smell bull tap so long TNX is dead as is.

[waverider]

I can smell bull tap so long TNX is dead as is.

I hope your right, looking for TZA to hit my MM target

[Mr. BachNut]

For those that follow the Bradly turn dates ,yesterday 28th was the start of the MAJOR turn date.Trade carefully the next few days.These Major turn dates have been very accurate.Wait and see. Now lets see if we hit 126.42 today befor turning.

Bradley Turn dates are superstitious voodoo. Yet... I watch them. At times, they are uncanny in catching turns. It helps to give them up to three calendar days leeway. It all defies reason.

Whatever works...

I wouldn't poo-poo too much on Bradley turn dates. One of the important ones on July 29-30 timed the s&p falling through the 200 dma.

Agree. Anecdotally, I have observed Bradley work on several occasions. My inner Spock, though, says it is illogical that the state of planetary motions is determinant on turns of stock market trends.

[Tabby]

So honey...what's for lunch?

SPX http://99ercharts.blogspot.com/2011/12/spx_7838.html

Care for a MACD cross?

Thanks ,I'm trying to make up my mind, this may help if it crosses.

99er,
Sorry to bother you. Do you have function of MACD on your indicator screen? what you are showing is MACD Histogram, Your chart is very precise. What I see on my 60 min chart is that MACD is curling up. Of course your time frame is different than mine. Other parameters are eh. Thanks.
http://stockcharts.com/h-sc/ui?s=$SPX&p ... &cmd=print

[tdo722]

spy, /es can't seems to pass resistance but not failing either.