02/02/2012 Intraday Watering

[Cobra]

Cobra:
Your $NATV:$NYTV is spiking intraday again. Over 2.8. Is it normal to spike intraday and settle lower?

Also, many indications of severe beta chasing here. Head long rush into small caps relative to large caps, for example:
http://screencast.com/t/iVo6eAwB

forget about intraday. it's normal to spike intraday.

[Unique]

Bears must fight back 132.65. The line in the sand for today...

[Petsamo]

hmm, looks like the low was in. not sure and don't care because this is not bear attack as the pullback overlaps, so not impulse down.

SPY ascending wedge is more visible on the 1 min

[Petsamo]

Bears must fight back 132.65. The line in the sand for today...

The cute and cuddly bear ain't gonna cut it

[taggard]

China, france
http://stockcharts.com/h-sc/ui?s=EWG&p= ... listNum=15

Pink ….http://www.youtube.com/watch?v=mW1dbiD_zDk

Nice charts Al. I'm not doing much today, believe there will be be action tomorrow Friday and/or Monday. Of course I don't know what's going to happen, my favorite scenario is a huge rally followed by a drop - but things are never that easy and rewarding (with an exception here and there )

yyy.png

I like huge rally then drop.

or "too much of everything is just enough" (looking for a sell is hard with small bars--but a huge overextended move to close to the old high--would be a natural area to lighten up just a bit.)

[TraderGirl]

Nice P Bar on SPY to 137, sheesh

Wow, wonder if that is a sign??? BDD is not a widely traded etf (tracks Deutsche Bank Liquid Commodity index), but check out this comparison between SPX BDD and AGQ...

TraderMama
Nice one
Do u trade DBB (soooooo thin) or just watch for confirm/non confirm PMs?

Just been watching so far for indications, very thin. I believe it tracks mostly industrial metals (economic indicator) but also PM's.

[Cobra]

hmm, looks like the low was in. not sure and don't care because this is not bear attack as the pullback overlaps, so not impulse down.

SPY ascending wedge is more visible on the 1 min

yes, so the feeling is still missing one leg down, however now I don't believe we'd see a lower low.

[Al_Dente]

anyone here using freestockcharts.com know if there's a way of saving a "study set" like there is on the TOS charts?...starting to get old having to individually put up the same studies over and over and over again every time i open a new symbol to chart.

describe "study set"

my 5 standard moving averages i put on every chart...volume at price, RSI, and MACD settings...
instead of having to add each component to the chart...on TOS you can save the "study set" so that you can just upload it to any chart you open.

Yea, dang, wish I could help
Every chart I create I have to reinvent wheel
Hate it… one of a few downsides 2 freestockcharts
There must be a way that we don’t know about
I’ve been searching for something like “create chart based on that last one” or SOMETHING…..

[Cobra]

Bears must fight back 132.65. The line in the sand for today...

nice bear!

[Unique]

Bears must fight back 132.65. The line in the sand for today...

The cute and cuddly bear ain't gonna cut it

扮猪吃老虎

Roar!

[Richarab]

so far the rebound is weak, looks like a bear flag.

i am going all in long...

Is your iphone OK now to browse http://www.cobrasmarketview.com? You may need clear all the cookies, so by default you'd see the desktop scheme.

not sure that my iphone is ok to browse
i will try to reset cache?
when i use the roboform browser it logs me in ok
so must be browser related

[BullBear52x]

hmm, looks like the low was in. not sure and don't care because this is not bear attack as the pullback overlaps, so not impulse down.

SPY ascending wedge is more visible on the 1 min

yes, so the feeling is still missing one leg down, however now I don't believe we'd see a lower low.

I take doji close today

[ClarkW]

Im not getting those P-bars…. I am however getting HFT bars
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

CLARKW
BTW mishka likes u 2 ... http://www.youtube.com/watch?v=gRw-lfXy ... ure=relmfu

That's good stuff!

[BullTart]

hmm, looks like the low was in. not sure and don't care because this is not bear attack as the pullback overlaps, so not impulse down.

SPY ascending wedge is more visible on the 1 min

yes, so the feeling is still missing one leg down, however now I don't believe we'd see a lower low.

I take doji close today

Doji close today would be a perfect setup, mimicking July 22, 2011 which also had the NegD on the daily RSI on a double top formation.

It is what I am expecting as well.

[Al_Dente]

Nice P Bar on SPY to 137, sheesh

Wow, wonder if that is a sign??? BDD is not a widely traded etf (tracks Deutsche Bank Liquid Commodity index), but check out this comparison between SPX BDD and AGQ...

Nice one...Do u trade BDD (soooooo thin) or just watch for confirm/non confirm PMs?

Just been watching so far for indications, very thin. I believe it tracks mostly industrial metals (economic indicator) but also PM's.

I use $DJUSIM for industrial metals
hmmmmmm similar to BDD ! thx

[Unique]

Cobra:
Your $NATV:$NYTV is spiking intraday again. Over 2.8. Is it normal to spike intraday and settle lower?

Also, many indications of severe beta chasing here. Head long rush into small caps relative to large caps, for example:
http://screencast.com/t/iVo6eAwB

Great chart. Cobra what's your take on this?

[quatzl]

anyone here using freestockcharts.com know if there's a way of saving a "study set" like there is on the TOS charts?...starting to get old having to individually put up the same studies over and over and over again every time i open a new symbol to chart.

describe "study set"

my 5 standard moving averages i put on every chart...volume at price, RSI, and MACD settings...
instead of having to add each component to the chart...on TOS you can save the "study set" so that you can just upload it to any chart you open.

Yea, dang, wish I could help
Every chart I create I have to reinvent wheel
Hate it… one of a few downsides 2 freestockcharts
There must be a way that we don’t know about
I’ve been searching for something like “create chart based on that last one” or SOMETHING…..

Are you talking about layouts? Check that topic here:

http://www.freestockcharts.com/help/

[BullBear52x]

MACD crossed now, Tick Tock Tick Tock.....

[Unique]

MACD crossed now, Tick Tock Tick Tock.....

What is your top chart setting?

[SWalsh]

hmm, looks like the low was in. not sure and don't care because this is not bear attack as the pullback overlaps, so not impulse down.

Could it be forming a right shoulder?

I'm looking at that as well as the 5 wave middle and what I can count as 9 waves down which is an impulse wave. So far, this looks like a ZZ up although it is torturing bears. The mkt is so think an algo could break it either way. I agree with Grasso....rip them out.