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05/04/2011 Intraday Watering

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99er
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Re: 05/04/2011 Intraday Watering

Post by 99er »

DX
Go, Ben, go.
http://99ercharts.blogspot.com/2011/05/dx_04.html
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wxstone
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Re: 05/04/2011 Intraday Watering

Post by wxstone »

cletus wrote:Rebound to 1366 or so is due. Even if pullback to 1340 then still rebound to 1366.
Hi,Cletus.What's the meaning of ES 1340?
Last edited by wxstone on Wed May 04, 2011 10:31 am, edited 1 time in total.
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MajorEasy
Posts: 223
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Re: 05/04/2011 Intraday Watering

Post by MajorEasy »

my guess is that the big guys ran a short squeeze on RRD this morning,
so that they could increase their short positions from a higher price.
my goal is to short this printer to zero.

http://stockcharts.com/h-sc/ui?s=RRD&p= ... 4150144837
the market's goal is to distribute the wealth of many to as few hands as possible
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uempel
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Re: 05/04/2011 Intraday Watering

Post by uempel »

I'm waiting to see what happens around 1340, I guess that's key support.
Support5.png
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Me XMan
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Re: 05/04/2011 Intraday Watering

Post by Me XMan »

U$D got trashed again.
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cletus
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Re: 05/04/2011 Intraday Watering

Post by cletus »

wxstone wrote:
cletus wrote:Rebound to 1366 or so is due. Even if pullback to 1340 then still rebound to 1366.
Hi,Cletus.What's the meaning of ES 1340?
Pullback target has been met here. Market should rebound higher in next few days. I'm short but hedging long via calls.
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agnosia
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Re: 05/04/2011 Intraday Watering

Post by agnosia »

weird, dollar is down and commodities and the markets can't catch a bid. turning point?
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Me XMan
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Re: 05/04/2011 Intraday Watering

Post by Me XMan »

Market going to crash???
agnosia wrote:weird, dollar is down and commodities and the markets can't catch a bid. turning point?
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Tabby
Posts: 924
Joined: Tue Feb 15, 2011 5:09 pm

Re: 05/04/2011 Intraday Watering

Post by Tabby »

If anyone is new in market and wants to read about daily ES ( e mini S &P 500), this guy write very nice stuff everday.
http://www.precisioncapmgt.com/
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99er
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Re: 05/04/2011 Intraday Watering

Post by 99er »

SPX
May be a bounce here:
http://99ercharts.blogspot.com/2011/05/spx_04.html
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agnosia
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Re: 05/04/2011 Intraday Watering

Post by agnosia »

feels like a bottom.. long /es 1341, stop 1340
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BullBear52x
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Re: 05/04/2011 Intraday Watering

Post by BullBear52x »

SPY
Attachments
spy.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
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wxstone
Posts: 14
Joined: Mon Feb 14, 2011 11:02 am

Re: 05/04/2011 Intraday Watering

Post by wxstone »

cletus wrote:
wxstone wrote:
cletus wrote:Rebound to 1366 or so is due. Even if pullback to 1340 then still rebound to 1366.
Hi,Cletus.What's the meaning of ES 1340?
Pullback target has been met here. Market should rebound higher in next few days. I'm short but hedging long via calls.
thx，Cletus
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maldini
Posts: 135
Joined: Mon Feb 14, 2011 1:12 pm

Re: 05/04/2011 Intraday Watering

Post by maldini »

uempel wrote:I'm waiting to see what happens around 1340, I guess that's key support.
Support5.png
wow, it bounces from 1340.25!
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BullBear52x
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Re: 05/04/2011 Intraday Watering

Post by BullBear52x »

No positive RSI divergence, NO buy intraday.
Attachments
spy.JPG
My comments are for entertainment/educational purpose only. NOT a trade advice.
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progruss
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Re: 05/04/2011 Intraday Watering

Post by progruss »

Anybody else seeing the P-bar on AAPL a few minutes ago?
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BullBear52x
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Re: 05/04/2011 Intraday Watering

Post by BullBear52x »

progruss wrote:Anybody else seeing the P-bar on AAPL a few minutes ago?
weird eh? now only daily candle register that nothing else I can see on the shorter time bars.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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PLUNGE
Posts: 106
Joined: Thu Apr 07, 2011 12:40 pm

Re: 05/04/2011 Intraday Watering

Post by PLUNGE »

Possible H&S pattern on SPY:

http://stockcharts.com/c-sc/sc?s=SPY&p= ... 730&r=6319
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ocassional observer
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Re: 05/04/2011 Intraday Watering

Post by ocassional observer »

interesting long term wedge on russel 2000:
http://dshort.com/charts/Chris-Kimble-C ... RUT-110504
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Cobra
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Re: 05/04/2011 Intraday Watering

Post by Cobra »

too bad, breakdown, consolidation then down, should be more on the downside, be careful.
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