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03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:10 am
by Cobra
Huge gap up so the gap might not be filled.

No comments on Global ES, until a decisive new high, still hard to say whether the bear's game is over or not. So let's see how the market unfolds today.

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:14 am
by SigmaEcho
Hi Cobra,
do you consider it still bearflag?
60m RSI(9) hit 91+ earlier. not so often this happens.
thanks

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:16 am
by johnnywa
Futures way off there highs,falling steadily.When does Greece announce whether they get 75% cooperation

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:16 am
by trendfollower
Latest video I found on stocks, gold, silver, dollar, and volatility:

http://bit.ly/yJ90xx

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:21 am
by tomsky
johnnywa wrote:Futures way off there highs,falling steadily.When does Greece announce whether they get 75% cooperation
Deadline is 10 pm, probably east european time, 3 or 4 pm ny time.

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:22 am
by oldpigwang
Cobra: Looks like ES top at 1366, then got sell of.
So, if spx hit 1365 resistance, is it a short point?

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:27 am
by Cobra
oldpigwang wrote:Cobra: Looks like ES top at 1366, then got sell of.
So, if spx hit 1365 resistance, is it a short point?
I'm not sure. According to Uempel's chart (see comment area at the main site, yesterday's Market Outlook), seems the overnight high is the resistance.

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:28 am
by johnnywa
tomsky wrote:
johnnywa wrote:Futures way off there highs,falling steadily.When does Greece announce whether they get 75% cooperation
Deadline is 10 pm, probably east european time, 3 or 4 pm ny time.
Thanks,I suppose they will do after our markets close

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:28 am
by proteus46
johnnywa wrote:Futures way off there highs,falling steadily.When does Greece announce whether they get 75% cooperation
I think we will know at 3 pm EST

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:29 am
by xiakeman
Deadline is 10 pm, greek time, GMT 2000. Which is 1500 new york time.

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:30 am
by Cobra
SigmaEcho wrote:Hi Cobra,
do you consider it still bearflag?
60m RSI(9) hit 91+ earlier. not so often this happens.
thanks
technically not a bear flag anymore, but still hard to say bear's game is over.

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:31 am
by Cobra
the open.

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:32 am
by Valance
Cobra,

Joined on Andy Zack's recommendation. I love this site, and the humor is a + as well. I have been stalking this site for the last 3 months, and finally registered.

-Valance

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:34 am
by Cobra
Valance wrote:Cobra,

Joined on Andy Zack's recommendation. I love this site, and the humor is a + as well. I have been stalking this site for the last 3 months, and finally registered.

-Valance
Thanks and welcome aboard! :lol:

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:36 am
by proteus46
First hurdle for SPY is $136.73 (.618)
Second hurdle for SPY is $137.37 (.786)

using hi-lo's from 2-29-12 and 3-6-12

jmho

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:41 am
by Harapa
Per Tom DeMark Range Expansion Algo

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:43 am
by uempel
Resistance, not sure how strong it is.
77.png

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:45 am
by TWT
SPX: Follow up of the potential Zig Zag

Focus on the possible triangle thrust

(thewavetrading.com)

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:47 am
by uempel
Harapa wrote:Per Tom DeMark Range Expansion Algo
Quite interesting - but I guess nobody here really understands it... I don't.

Re: 03/08/2012 Intraday Watering

Posted: Thu Mar 08, 2012 10:53 am
by TraderGirl
TWT wrote:SPX: Follow up of the potential Zig Zag

Focus on the possible triangle thrust

(thewavetrading.com)
Nice Chart TWT! Next time I need to wait until the day of the turn to sell...