May 22, 2009

05/22 Intraday update

4:27pm

market closed while in line with my coin’s direction.  I decided to put it on the list since the market is up the whole day when it made call and closed in red in the last 10 minutes. i need to give it some credit.

 

5/26 is updated on the list, coin say it’s down`

 

3:24pm

 

When i say it will play out eventually, i am not expecting it will happen two minutes later… :)

 

image

 

3:12pm

 

Ooops, i underestimate the bulls.  but this negative divergence will play out eventually.  on minute chart, this seems a bear flag.

 

image

 

 

 

3:05pm

A good short entry to me @ SPX 895.

 

2:09pm

Many midterm topping signals, since i did not give a summary yesterday, i will write one during the long weekend.  bears get some good entry at the current level.  bulls need to leave now. 

 

 

1:55pm

I was unable to watch the market till now.  Spend most of yesterday’s afternoon driving, from SF to LA.  My coin say today is down also, but i will not update it to the coin watch list this time though since the market already open. 

 

Upward move correction is done to me and we will see more downside rest of today and next week.

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