09/01/2011 Intraday Watering

[uempel]

Update:

[auger]

That had to have been market maniulation by US stock exchanges. The 1 min chart below is the German DAX from livecharts.co.uk. Notice that the upmove in prices is more gradual than what happened here in the US.

Much larger market, in the US = many, many more traders.

US market moves so fast --- doesn't waste time fighting lines anymore --- 10 minutes? maybe. Then up/down to the next line.

I wouldn't worry about "manipulation", it's more important to trade (pay attention) the chart. The measured move target, was only 11 cents higher, doesn't really matter how quickly it gets there.

[99er]

Say honey...what's Ben?
30Y http://99ercharts.blogspot.com/2011/09/30y.html

"R" for retread?

[StrikePrice]

Check out SPX daily chart, looks like one huge bear flag which is forming perfectly. Diminishing volume, huge volume into the low, long line of negative divergence.

Agree we have a channel up that could end up being a bear flag. But we're right at the top of the channel and if we break up, retest, then move higher, that pattern is over. That is what Cobra put in his report not ling ago.

[Grizzly]

symmetrical triangle on the 5 min. - continuation (down) ?

[99er]

Updates

Crude http://99ercharts.blogspot.com/2011/09/crude.html
Gold http://99ercharts.blogspot.com/2011/09/gold.html
Silver http://99ercharts.blogspot.com/2011/09/silver.html

[silicon_beaver]

boring. either myself or market. need some to happen.

[Grizzly]

Anymore down from here and we get a bearish cross on the IWM 5 min. 50/200 MA

[silicon_beaver]

Updates

Crude http://99ercharts.blogspot.com/2011/09/crude.html
Gold http://99ercharts.blogspot.com/2011/09/gold.html
Silver http://99ercharts.blogspot.com/2011/09/silver.html

Thanks. was looking for them.
Is metal (gold/silver) to correct? The pattern shows they are on the upper band. And they have been in a rectangular range.

[99er]

Paging Tabby...
SPX http://99ercharts.blogspot.com/2011/09/spx_01.html

[AK84]

Cobra,

RED NFP tomorrow is a pivot day right ?

Red = more downside while green = more upside?

[99er]

silicon beaver

I think they're due for one. Don't you?

[uempel]

SPX locked in blue channel, will try to jump out at 11.00 am, I don't think it will succeed.

[AK84]

silicon beaver

I think they're due for one. Don't you?

Welcome back! You were missed! Hope your family situation is all sorted so that you can focus on buying that yacht for your honey !

[99er]

AK84

Thanks; everything's fine. But can't afford no yachts these days...

http://www.mostexpensiveyacht.net/

[AK84]

What are everyone's plans for the long weekend ?

I'm going for the US open tonight (watching Djokovic and Wozniacki play )

Will be off to Electric Zoo Festival on Sunday !

[AK84]

AK84

Thanks; everything's fine. But can't afford no yachts these days...

http://www.mostexpensiveyacht.net/

Nice!! One day sir, one day !!

[jarbo456]

looks like that measured move "down" you originally tinted right before the ISM came out might be reached after all cobra.

[Cobra]

Cobra,

RED NFP tomorrow is a pivot day right ?

Red = more downside while green = more upside?

yes.

[Cobra]

so far I don't see urgency to sell yet, so need see more bars, I'm not bearish.