12/06/2011 Intraday Watering

[soku]

dynamic support 1252-1254 if break, we will see low 1240s

nothing major. upper band at 1259. stuck

[Petsamo]

Da banks don't seem interested in the rally

[MrMiyagi]

Da banks don't seem interested in the rally

? FAS is near high of day

[Me XMan]

What if they do?

Da banks don't seem interested in the rally

[tdo722]

Cheers. hehehe...[/quote]

TDO, remember how I said don't be on the TNA train, I got off a couple points too early, but now it's vix time - unless they somehow save the EU this week.[/quote]

I am scared man. TVIX is too god damn volatile.

[Petsamo]

Da banks don't seem interested in the rally

? FAS is near high of day

OK my mistake. I was looking at KBE, the other bank ETF

[jarbo456]

tech, transports, and financials lagging the Dow which is on fire.

[BullBear52x]

Bulls need to push back the $VIX back down, if this RSI can manage to stay above 50 line I would have some evil side position into the night

[Me XMan]

If SPX 1260 is taken out then watch for shorts covering into EOD.
Closing high would have gap up tomorrow IMO.

Bulls need to push back the $VIX back down, if this RSI can manage to stay above 50 line I would have some evil side position into the night

[tdo722]

doji 5 min. could be top.

[CognitiveDissonance]

Bulls need to push back the $VIX back down, if this RSI can manage to stay above 50 line I would have some evil side position into the night

They might but I think they used up their bazooka with the liquidity injection last week. Plus, the MO for this week has been to run up ES futures on low volume before equities open and grind it out the rest of the day. Expecting a shallow retracement if the whole Christmas rally thing is going to happen like DeMark expects.

Just my two cents - commission lol

[BullBear52x]

If SPX 1260 is taken out then watch for shorts covering into EOD.
Closing high would have gap up tomorrow IMO.

Bulls need to push back the $VIX back down, if this RSI can manage to stay above 50 line I would have some evil side position into the night

They need to push hard I want to see new high to see the bulls mean business. I am not bearish just cautious here.

[jarbo456]

Bulls need to push back the $VIX back down, if this RSI can manage to stay above 50 line I would have some evil side position into the night

interesting...

RSI above 50 on the 10, 15, and 30 minute charts.

but definitely below 50 on the 1, 3, 5, and any time frame longer than 1 hour.

[HappyFriday]

S&P consolidates under 1260. No good. Give it another 5 mins MAX, break up or flush it down !

[MrMiyagi]

TBT/TLT have been forecasting a move up most day.

[BullBear52x]

here's my blue money line, don't buy unless it trades higher, I got 15 min. here, man want to see some action.

[Me XMan]

Good indicators to watch.

TBT/TLT have been forecasting a move up most day.

[tdo722]

here's my blue money line, don't buy unless it trades higher, I got 15 min. here, man want to see some action.

what happened to the yellow line?

[Dow Trader]

Euro hourly update

[rhapsody1447]

Now what your chart is saying.

Bearish break out of intraday triangle. I'd target the bottom of the p-bar at 12pm

Haha yah completely reversed almost instantly. Nevermind