06/22/2011 Intraday Watering

[KENA]

should be clear on this picture what i see. failed here would be 3 push up pattern.

DO MEAN IF FAILED WE WOULD GET A PUSH UP??? (OR DN)

[soku]

should be clear on this picture what i see. failed here would be 3 push up pattern.

DO MEAN IF FAILED WE WOULD GET A PUSH UP??? (OR DN)

i think end of 3-push-up will cause a sell off.

disclaimer: i am a perma bear

[99er]

ES
My bad.
http://99ercharts.blogspot.com/2011/06/es_1173.html
That "5" was a "3." Now the fun begins.

[zecatreca]

hello snake.
I am from Portugal and I am your follower for some time.
Thank you for sharing knowledge.
One question: Still think we'll visit in 1260´s in sp500?
hug

For now, yes, still think so, but snake changes fast, you should know as the market is always right, snake doesn't like to argue with the market. market is the master.

The reason I ask is that as the VIX gave the signal to buy sp500 (when left out of the BB, is a strong signal) then we should not expect so soon by 1260.
I trade with vix, rsi (14 and 5), macd and your blog. As simple as possible.
Thanks again.

[99er]

SPX
Ditto.
http://99ercharts.blogspot.com/2011/06/spx_8417.html

[Cobra]

so far doesn't look bad, i'll assume there's at least one push up. a little bigger picture (60 min chart), no question, it's bullish.

[KENA]

Retail RTH and XLX are now pointing dn. May be a turning point. Lets see.

[KENA]

Can't seem to trade right now.I guess I will just watch and wait.

[99er]

Gold
Update.
http://99ercharts.blogspot.com/2011/06/gold_22.html

[99er]

Silver
Update.
http://99ercharts.blogspot.com/2011/06/silver_22.html

[99er]

Crude
Update.
http://99ercharts.blogspot.com/2011/06/crude_22.html

[BlackThought]

hiiiiiii alll.. dead cat bounce off the 200 day moving avg IMO... not enough panic in the market..

[Nomorework]

hiiiiiii alll.. dead cat bounce off the 200 day moving avg IMO... not enough panic in the market..

Agreed. S&P should test 1260, that's when things will get wild. Greece was just a huge distraction. Again, just MHO. I'm a bear for the foreseeable future

[Cobra]

well, indeed 3 push up then 2 leg down - i was too optimistic about the up move, now the first leg down completed, not sure if another leg down or directly up form here. FOMC announcement is just 11 min away. let's watch the show.

[99er]

30-Year
Before Ben...
http://99ercharts.blogspot.com/2011/06/30y_22.html

[99er]

SPX
Ditto.
http://99ercharts.blogspot.com/2011/06/spx_9397.html
Add a little volume and...

[Cobra]

the only thing i'm worried about bulls is ChiOsc.

[dr659]

the only thing i'm worried about bulls is ChiOsc.

Is there another name the ChiOsc is known as?

[Cobra]

show time.

[Cobra]

the only thing i'm worried about bulls is ChiOsc.

Is there another name the ChiOsc is known as?

go see my report last night, there's a ChiOsc link there, click see chart school, then you may figure out what really it is and then you may know the other name. I don't know other name.