06/21/2011 Intraday Watering

Post by **Cobra** » Tue Jun 21, 2011 11:09 am

ChiOsc a little high now.

Post by **Cobra** » Tue Jun 21, 2011 11:10 am

rola wrote:Cobra, what do you say now about qqq?
Thanks

strong.

Nomorework · Post by **Nomorework** » Tue Jun 21, 2011 11:13 am

Watching for the cycle turn here...

bbc · Post by **bbc** » Tue Jun 21, 2011 11:17 am

NDX is strong today.

soku · Post by **soku** » Tue Jun 21, 2011 11:24 am

soku wrote:i see a flag forming and i'm expecting 1289.5
just sharing my view. no purpose of fighting against c

my target hit. i put in a trailing stop of 1.75

stockcycle · Post by **stockcycle** » Tue Jun 21, 2011 11:27 am

Home sales hit 6-month low, prices decline
WASHINGTON (Reuters) - Sales of previously owned U.S. homes fell to a six-month low in May and prices dropped 4.6 percent from a year ago, pointing to a housing market still struggling to regain its footing.

HK88 · Post by **HK88** » Tue Jun 21, 2011 11:27 am

1295-1296, 20dma and resistance

Post by **Cobra** » Tue Jun 21, 2011 11:28 am

C&H target has been reached. bears don't fight, there should be more, remember the law of inertia...

99er · Post by **99er** » Tue Jun 21, 2011 11:31 am

SPX
"I have to go."
http://99ercharts.blogspot.com/2011/06/spx_3760.html
Hold it. There's a scenic stop just around the corner.

BullBear52x · Post by **BullBear52x** » Tue Jun 21, 2011 11:35 am

only way to day trade is down from here today, no gut to buy this morning so just pretty much watch.

HK88 · Post by **HK88** » Tue Jun 21, 2011 11:35 am

Cobra wrote:C&H target has been reached. bears don't fight, there should be more, remember the law of inertia...

If the rule of momentum leading is still valid in TA, that is true. This is just the kick-off...

matrix · Post by **matrix** » Tue Jun 21, 2011 11:37 am

My renko SPX giving buy signal. $CPCE was at march 09 level, before this bounce...

99er · Post by **99er** » Tue Jun 21, 2011 11:40 am

ES
Look at that Butterfly now!
http://99ercharts.blogspot.com/2011/06/es_5276.html

Nomorework · Post by **Nomorework** » Tue Jun 21, 2011 11:41 am

99er wrote:ES
Look at that Butterfly now!
http://99ercharts.blogspot.com/2011/06/es_5276.html

Pretty. What does it mean? I know to go short, but this market seems like it still has plenty of upside today...

BullBear52x · Post by **BullBear52x** » Tue Jun 21, 2011 11:43 am

Ok, I am betting it down right here. no ball no glory

ForexChemist · Post by **ForexChemist** » Tue Jun 21, 2011 11:48 am

Nomorework wrote:
99er wrote:ES
Look at that Butterfly now!
http://99ercharts.blogspot.com/2011/06/es_5276.html
Pretty. What does it mean? I know to go short, but this market seems like it still has plenty of upside today...

Gartley bearish pattern. from google: http://www.traderslog.com/gartley-pattern/

Post by **Cobra** » Tue Jun 21, 2011 11:49 am

little fib info here.

BullBear52x · Post by **BullBear52x** » Tue Jun 21, 2011 11:51 am

look at daily, not a bad spot for a scalp, lets pray.....

PRI · Post by **PRI** » Tue Jun 21, 2011 11:54 am

Cobra,
Any thoughts on IWM? Clearly the outperformer today. Recent pullback accompanied by a HUGE vol surge at 11:45.

Post by **Cobra** » Tue Jun 21, 2011 11:54 am

after such a long time above EMA20, usually the very first pullback to it, is buy.

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06/21/2011 Intraday Watering

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