04/26/2011 Intraday Watering

[Tabby]

Cobra,

Thank you. I read your after market analysis and I kept my longs. I am so glad that I did not sell with loss. You are Awesome with capital A.

[BullBear52x]

The bulls must do the moon walk right now with coffee in one hand every line I got on the charts in the last 3 days only get break out and up, can not buy here at this level I know few do anyone buying here raise your hand.

[Cobra]

volume surge, so could see some pullback here. the very first touch on EMA20 (blue line) usually is buy.

[99er]

SPX
Went back to the drawing board...
http://99ercharts.blogspot.com/2011/04/spx_26.html
Still a bear.

[ddd]

The bulls must do the moon walk right now with coffee in one hand every line I got on the charts in the last 3 days only get break out and up, can not buy here at this level I know few do anyone buying here raise your hand.

Just added /TF

[Dow Trader]

SPX
Went back to the drawing board...
http://99ercharts.blogspot.com/2011/04/spx_26.html
Still a bear.

me too

[Me XMan]

If Fed saying no QE2 extention or QE3 then watch for market diving.
But at this rate they must know for sure Fed Gods will continue they're printing.

SPX
Went back to the drawing board...
http://99ercharts.blogspot.com/2011/04/spx_26.html
Still a bear.

me too

[ddd]

/es broke the critical resistance of 1343 (2/18 high), looking for shorts to cover in the next few days.

[Cobra]

overshot, volume surge, widest range bar, I think the previous bar was an exhaustion bar, so could see pullback of some kind here. again, pullback to EMA20 normally is buy.

[BullBear52x]

here is my intraday Fib fan, moving it for the second time today already, I hope next move will be the end or high of day is in at 135.06
3 times is a charm eh?

[rcks]

Cobra
I have this move on the SPX as a major breakout above Ted Burge's long term horizontal resistance of 1338.80 and I believe that level will now act as support on any selloffs in the near future...

[99er]

SPX
Close up.
http://99ercharts.blogspot.com/2011/04/spx_5159.html

[MajorEasy]

except for about 3 minutes ago, the $TICK has remained above the zero line for about 2 hours...
my $TICK quote service may be flawed

[BullBear52x]

here is last move on Fib fan

[Cobra]

now the problem is the ChiOsc, since it's not a bottom, so I think the market will listen to it therefore have more pullback somewhere. But the bottom line, I think today's intraday high is not THE HIGH.

[cletus]

Trouble in paradise? Indeed. Big troubles in paradise.

[noidea]

Trouble in paradise? Indeed. Big troubles in paradise.

... god bless you, cletus....

i still don't give up...

[stocksage]

goog isn't going to break down, up and away. p/e still under 20. aaple p/e 16 with incredible growth should get to 600 -800 within the next two years. People thought I was crazy when it was trading in the 80's in 2009 and said it would go over 300 within two years. You can trade in and out if you want but these stocks tend to take off and leave you behind when you sell.

[ddd]

[BullBear52x]

are we there yet? yet ?