11/14/2011 Intraday Watering

[Cobra]

Hi Cobra, I am new here. I actually have followed your intra-day watering for quite some time and learnt a lot from you. Your insightful views always make me think more and save my trades sometimes. I am glad to join this community.

Thanks and welcome aboard!

[Cobra]

so far looks like a bear flag.

sounds like a buy signal

indeed.

[jarbo456]

so far looks like a bear flag.

sounds like a buy signal

exactly. bear flag, bear pennant, descending triangle...all BUY patterns. lol

[Cobra]

volume surge, largest bar and resistance, should pullback here, key time for bears.

[PLUNGE]

PLUNGE

This is my take on NDX.

http://99ercharts.blogspot.com/2011/11/ndx.html

99er, Thanks! I'm in complete agreement with your purple target line.

Do you and Honey have plans after market close?

I live in Sun Valley so I tend to ski instead of my former passion.. bodysurfing.

[zipper]

bulls prayer got answer once more

Not trying to be smart or anything like that and please dont take it the wrong way but the last time which the Cobra and the Wizard and my work all lined up got 41 points on ES.

Now long at 1246, and looking for thursday or friday close...1285+

just my five cents worth

[agnosia]

feels like a bottom here. we retraced 50% of the move from /es 1270.75 to 1218.25.. enough to screw both bulls and bears. time to complete that symmetrical triangle up to /es 1322 gap? break of 1251-52 and count me in.

[Al_Dente]

Update
Tick showed about a minute’s worth of buying
Nydec says “bear”
Cobra says “flag”
VWAP says “betcha can’t get up to here”
VIX says “You want volatility. You can’t handle volatility”
Al says “I need a heiniken”
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

[BullBear52x]

wait and see LOL
Dr. Al, this is the best avatar on the internet.

[rhight]

I sense that the market is at a key moment in deciding direction. The Daily, 60min, and 15min 20MA's are within 10 points of each other and it could break either way, but the TRIN favors the bears at the moment. 1245 to 1255 is the decision zone.

[rhight]

I sense that the market is at a key moment in deciding direction. The Daily, 60min, and 15min 20MA's are within 10 points of each other and it could break either way, but the TRIN favors the bears at the moment. 1245 to 1255 is the decision zone.

A logical first target is 1233, on the neckline / decelerated up trend on spx. Possible backtest to 1260 may also be setting up.

[99er]

PLUNGE

A take on RUT. Until the triangle (in yellow) resolves one way or the other, we will simply have to wait for the next WW. In the interim, perhaps prices will focus on the AB=CD (in purple) within the channel.

http://99ercharts.blogspot.com/2011/11/rut_7570.html

Sun Valley? I'm green with envy while you're white with powder.

[agnosia]

looks like a small cup and handle on /es 5min chart forming. i bought the bottom of the cup.. also long crude 98, possible double bottom. target is gap fill area of 98.99

[BullBear52x]

Update
Tick showed about a minute’s worth of buying
Nydec says “bear”
Cobra says “flag”
VWAP says “betcha can’t get up to here”
VIX says “You want volatility. You can’t handle volatility”
Al says “I need a heiniken”
http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15

Dr. Al are you still in search of Avatar photo? here is one for you

spy.JPG (20.18 KiB) Viewed 9098 times

[Al_Dente]

wait and see LOL
Dr. Al, this is the best avatar on the internet.

nonetheless, butt-ugly avatar
if u won’t change avatar, at least provide a music link, something sweet and soprano please

[stucap]

looks like a small cup and handle on /es 5min chart forming. i bought the bottom of the cup.. also long crude 98, possible double bottom. target is gap fill area of 98.99

and up up up we go again....

[MrMiyagi]

TRIN 1.48 slight rise. Bit Bearish indicator.

[Cobra]

2nd try on the resistance, you know the always twice rule now, so key time.

[Al_Dente]

well that beats all




I got nothing here





Just taking up board space so that wretched pix will scroll down further

[MrMiyagi]

2nd try on the resistance, you know the always twice rule now, so key time.

If at first you don't succeed, give up.