Consolidations - intraday

This is a thread for members to submit intraday consolidation candidates for other members to take advantage of if they choose. Provide supporting evidence if you want to.

MCD 15 min 5 bar consolidation on the 200 sma

 

GE 15 min consolidation at the 20 sma

 

INDU 15 min 4 bar consolidation
-I'm guessing the YM is doing the same?

 

es congesting for 60 min in 2.25 range

 

That worked out pretty well!

MCD 15 min 8 bars
GM 15 min 3 bars
BEAS 15 min 8-10 bars
SLB 15 min 5 bars

 

CSCO 5 min 6 bars and right on the 40 sma

 

SP500, Dow30, Nasdaq... for you index traders, this has to be the set up of a lifetime. Friday's action as represented by the 60 and 15 min charts should lead to something fairly tradeable.

 

I'm short 1K SLB @45.65 from Fri. Hoping to cover on the 1st dip <45.10 on Mon if theres one.

Will short GM if it hits >37.85.

 

For sure..I am eyes wide open for the break out in either direction. I do believe it will happen once all of us are lulled to sleep. Therefore I will be popping "nodoze" early monday morning until friday afternoon.

 

GM 15 min 6 bars and pinned between the 40 and 200 sma's.