tag:blogger.com,1999:blog-947237681666122369.post1250975242247124374..comments2024-03-25T08:04:19.119-10:00Comments on Pretzel Logic's Market Charts and Analysis: SPX Update: Things Aren't as Bad as You Think! They're Worse.PretzelLogichttp://www.blogger.com/profile/11613859771824863784noreply@blogger.comBlogger438125tag:blogger.com,1999:blog-947237681666122369.post-1809703893451960532012-05-14T06:49:15.870-10:002012-05-14T06:49:15.870-10:00Thanks jb - never seen either movie, but I will pu...Thanks jb - never seen either movie, but I will put it on my wife and me's "when the kids aren't around or need something, never seems to happen" Movie Watch List : ) Needless to say, we have alotta movies on that listKB03noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-10555791998709186692012-05-14T04:17:30.149-10:002012-05-14T04:17:30.149-10:00Your VPS is looking good......Your VPS is looking good......DirtnRockGuy62noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-15711559385175795572012-05-13T17:20:52.080-10:002012-05-13T17:20:52.080-10:00Thanks for noticing. :)Thanks for noticing. :)Pretzel Logichttp://www.PretzelCharts.com/noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-8814877024283032042012-05-13T17:20:13.660-10:002012-05-13T17:20:13.660-10:00Okay, update's posted, let's continue futu...Okay, update's posted, let's continue future musings over there. :)Pretzel Logichttp://www.PretzelCharts.com/noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-43416171044132239382012-05-13T17:14:00.360-10:002012-05-13T17:14:00.360-10:00Yeah - I think we need to get this last bit of thi...Yeah - I think we need to get this last bit of this last leg of this correction done, before we make a move - looks like it wants a shot at the gap at 710 before it crumbles..........Not Turading Advice, if you want that stuff see somebody on Wall Street......LOLDirtnRockGuy62noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-46201486446518678232012-05-13T17:02:16.759-10:002012-05-13T17:02:16.759-10:00Ok here is a chart showing RSI and MACD standard s...Ok here is a chart showing RSI and MACD standard settings. Note the divergences marked on the oscillator's versus price. Pay particular attention to where the divergences are noted and price action after the third divergence. This type of divergence occurs on MACD and RSI equally - it is a little harder to note on MACD alone. Note that this is a 60 min chart and signals on this may or may not hold overnight. These signals will hold for several hoursDirtnRockGuy62noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-11921560485722987182012-05-13T16:34:58.560-10:002012-05-13T16:34:58.560-10:00I was thinking June but there will be some chop th...I was thinking June but there will be some chop there before it breaks thru.truerangeballisticnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-49721214220890428082012-05-13T16:28:03.745-10:002012-05-13T16:28:03.745-10:00Finally hit your target from last weekFinally hit your target from last weeksnowbeastnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-16909597301357093802012-05-13T16:24:19.108-10:002012-05-13T16:24:19.108-10:00TRB here's the PCLN charts. Still gotta a lot...TRB here's the PCLN charts. Still gotta a lot of work to do at the hourly and minute level. But it looks like a 5 wave set has completed and now it is time for a serious decline. I would ask somebody who really knows what thier doing to look over this before making any moves with it. But after the charting - it looks like that gap you are targeting will get filled question is when by June or later expiry?DirtnRockGuy62noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-29519208998138331082012-05-13T16:17:50.872-10:002012-05-13T16:17:50.872-10:00i'm thinking same, now how can they screw this...i'm thinking same, now how can they screw this wave upkatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-43093230003894423142012-05-13T16:14:36.661-10:002012-05-13T16:14:36.661-10:00tgt 40 to 40.25 estgt 40 to 40.25 eskatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-8017629814362251122012-05-13T15:53:53.361-10:002012-05-13T15:53:53.361-10:00Looks like an impulse wave down off today's hi...Looks like an impulse wave down off today's high in eur/usd... so new lows should be coming.Pretzel Logichttp://www.PretzelCharts.com/noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-74414140533501297052012-05-13T15:40:30.819-10:002012-05-13T15:40:30.819-10:00you still in UKDNY? i got out when katzo's tar...you still in UKDNY? i got out when katzo's target hit. thinking if the move off of the bottom retraces 61.8%, it would hit 1345ish before turning back up. hope i'm awake for it.smileguy1noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-43865801189517613472012-05-13T15:40:27.218-10:002012-05-13T15:40:27.218-10:00did dinner with the fam and missed going long this...did dinner with the fam and missed going long this time... have to catch the next one...Clayton233noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-46254187076493143992012-05-13T15:30:40.115-10:002012-05-13T15:30:40.115-10:00i got out, you were precisely right as usual. stil...i got out, you were precisely right as usual. still can't help thinking this was just wave i of a c wave in ii before iii starts down in earnest and blows through 1340 cash spx.smileguy1noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-37700781592259350982012-05-13T15:24:58.288-10:002012-05-13T15:24:58.288-10:00Didn't see it. But triple ZZ's are extrem...Didn't see it. But triple ZZ's are extremely rare. Double's are fairly common.Pretzel Logichttp://www.PretzelCharts.com/noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-4562123058548688322012-05-13T15:23:38.641-10:002012-05-13T15:23:38.641-10:00Seeing the same potential in eur/usdSeeing the same potential in eur/usdPretzel Logichttp://www.PretzelCharts.com/noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-52090589153946712972012-05-13T15:14:47.130-10:002012-05-13T15:14:47.130-10:00Anti-hopium.... LOL. Hey am looking at the PCLN ...Anti-hopium.... LOL. Hey am looking at the PCLN Weekly Chart now....be back with a count. If this thing retraces back to the 3,4 of one lesser degree we are talking about 550 as a potential target by July expiration... Be back with a chart on the blog in a few. I enjoy the conversation with you and like the feedback on the different ideas.....Not peddling any trading advice either just sharing experiences. BTW the hedged collar trade kicks butt especially in an IRA....DirtnRockGuy62noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-49864119548183412962012-05-13T15:14:17.701-10:002012-05-13T15:14:17.701-10:00 that might be it for the up that might be it for the upkatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-251935732594770052012-05-13T15:07:04.156-10:002012-05-13T15:07:04.156-10:00Seconded!!! (if that's a word)??
Happy Mother...Seconded!!! (if that's a word)??<br /><br />Happy Mothers Day. Without you Mothers where would we be??<br /><br />"The hand that rocks the cradle....rules the world". <br /><br />Luv you Mom!Whip_sawednoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-11036171365653812312012-05-13T14:57:02.277-10:002012-05-13T14:57:02.277-10:00 above 53 and we go higher breaking the down point... above 53 and we go higher breaking the down pointed wavekatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-41276418840064615042012-05-13T14:51:55.481-10:002012-05-13T14:51:55.481-10:00looks like the es gap is filled already. so are yo...looks like the es gap is filled already. so are you seeing ew5 to commence once we hit 51-2 or is possible to go even higher to gather more energy before the ew5 to break 1340 I suppose?Curiousmind3861noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-91345221935678693502012-05-13T14:45:48.361-10:002012-05-13T14:45:48.361-10:00Thanks. $-)Thanks. $-)frannybrdnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-65319465911393681502012-05-13T14:34:12.633-10:002012-05-13T14:34:12.633-10:00thanks, but if katzo is right, not that much more ...thanks, but if katzo is right, not that much more upside as you and i expect through atleast tomorrow's session. gonna keep a close eye on it, i've seen katzo right enough to take his opinions very seriously.smileguy1noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-17439971477882699362012-05-13T14:27:27.904-10:002012-05-13T14:27:27.904-10:00Hi TX, thanks, and welcome! :)
Nice chart... and...Hi TX, thanks, and welcome! :)<br /><br />Nice chart... and feel free to jump in on the discussions here, or start discussion, any time!Pretzel Logichttp://www.PretzelCharts.com/noreply@blogger.com