10/05/2011 Intraday Watering

[alvian33]

damn got stopped out at break even. euro doesn't want to play along. not willing to risk much today after yesterdays nice gains.

are you still in cl? I got stopped

[ultramarine]

The Euro has now started falling. This could help with the intraday reversal scenario.

[jarbo456]

actually it looks like a breakout. wow...bulls just need imagination is right. -_-

[cougar]

NDX internals: back in a cycling mode.
Nice…but no cigar yet…

hi cougar
what does cycling mean?
thx

The “Empirical Mode“, which is based on the idea of “movement decomposition”, defines 3 domains, which attempt to “diagnose” those “modes”.

That is an interesting concept, “movement decomposition”, although not available thru stockcharts. I use ADX to distinguish between trending and non-trending, or consolidation "modes". Are they roughly comparable in your opinion?

“Rhight”: In “TASC” (the journal of TA geeks) there is an article:
“Empirical Mode Decomposition“: by J.F. Ehlers & R. Way, March 2010, p. 19.
You might like it.

[Al_Dente]

UUP
trying to reverse to bear spy

[agnosia]

damn got stopped out at break even. euro doesn't want to play along. not willing to risk much today after yesterdays nice gains.

are you still in cl? I got stopped

i got stopped out even at 78.4 but went long again on touch of 10ema at 78.03. stop is even again.

[bushwaffle]

actually it looks like a breakout. wow...bulls just need imagination is right. -_-

try to see the rising wedge...I think the time frame too short to call double top

[PhilM]

What is significance of SPY 113?

[jarbo456]

actually it looks like a breakout. wow...bulls just need imagination is right. -_-

try to see the rising wedge...I think the time frame too short to call double top

i agree. it is a rising wedge.

[champix]

really strange, eur lower, stocks higher... there is something missing !

[fehro]

not the cleanest Invs H&S ....SPX 15m... target 1200

[ddd]

It's about time for /DX to decouple from a inverse correlation with SPX. The safety is back to everything "made in the U.S. of A".

[cougar]

VIX flirtig with 39

[stockcycle]

All skeptical with me seems wrong. Re-enter long.

[Al_Dente]

mrk jnj little squeeze, other dows quiet at moment

[alvian33]

damn got stopped out at break even. euro doesn't want to play along. not willing to risk much today after yesterdays nice gains.

are you still in cl? I got stopped

i got stopped out even at 78.4 but went long again on touch of 10ema at 78.03. stop is even again.

Can you post your trades, I thought you said you were out, not trading no more, I will try to follow you if you don't mind I got stopped with a loss of 40 cents

[Cobra]

overshot, so a pullback or consolidation here the we'll see. It's a nice rising wedge.

[Al_Dente]

ual wm squeeze, not enough action on our "most squeezables" list for any alarm yet

[agnosia]

short /es 1128. sold out of crude for +.5

[BullBear52x]

this run maybe last another 30min. or so until Euro market close. price move like we have of late tells me this marker is healthy, short term TA traders are like a kid in the candy store.

I think Cobra is telling everyone sell