tag:blogger.com,1999:blog-947237681666122369.post2846793400766702252..comments2024-03-18T14:37:21.899-10:00Comments on Pretzel Logic's Market Charts and Analysis: SPX, BKX, INDU and Silver Update: Nobody Said It Would Be Easy...PretzelLogichttp://www.blogger.com/profile/11613859771824863784noreply@blogger.comBlogger240125tag:blogger.com,1999:blog-947237681666122369.post-31067038318760484592012-04-02T07:13:59.135-10:002012-04-02T07:13:59.135-10:00No pain no gain?No pain no gain?CalDnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-66631736945990582022012-03-30T02:50:20.648-10:002012-03-30T02:50:20.648-10:00Thanks DRG62....good info and I appreciate you tak...Thanks DRG62....good info and I appreciate you taking the time to give me and others a "heads up" This has got to be the best blog with the best people on the planet!Bob_Enoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-54492376553264357682012-03-30T01:49:28.940-10:002012-03-30T01:49:28.940-10:00 right in the moment of the break :-) right in the moment of the break :-)Yogi69noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-16391139689376112252012-03-30T01:45:05.422-10:002012-03-30T01:45:05.422-10:00Update's posted -- let's continue discussi...Update's posted -- let's continue discussion on that thread. :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-88934537737168437742012-03-30T01:26:10.827-10:002012-03-30T01:26:10.827-10:0007:30 EST- INDU > 13,200, SPX > 1,410.....07:30 EST- INDU > 13,200, SPX > 1,410.....UKDNYnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-76620628616174105632012-03-30T01:24:56.484-10:002012-03-30T01:24:56.484-10:00Very good :)Very good :)Nostradumassnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-75610648084866042182012-03-30T01:12:50.832-10:002012-03-30T01:12:50.832-10:00Going to work, I owe, I owe, off to work I go........Going to work, I owe, I owe, off to work I go....... DirtnRockGuy62noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-59076907166482670352012-03-30T01:10:16.755-10:002012-03-30T01:10:16.755-10:00Nope it is a lead in to a new quarter, new month, ...Nope it is a lead in to a new quarter, new month, and a holiday shortened trading week with significant Macro due Tues and Wed..... Unless the Macro truely sucks today or Euro/Dollar does something funky I am expecting a strong day and a higher close. Look at March Q1 option volume and OI compared to AprilDirtnRockGuy62noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-68811188223554684952012-03-30T01:07:04.929-10:002012-03-30T01:07:04.929-10:00You know I let it run one more day only because of...You know I let it run one more day only because of what I learned here about wave 3 and 5..... I counted the little notch at the top of the intraday SPX as a 1-2, the long decline as 3 and the recovery into the close as 4 so there was a good chance of another drop to 5, so I let it run...... Am out and will reload the short in 117 area. I will try to get the chart up this weekend and we can look at it a see. There was a pattern that seemed to have an upside to 117 on it if triggered..... Thanks for everything. Am learning stuff here and have been trading better since I started posting.DirtnRockGuy62noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-60632170322783803792012-03-30T00:58:51.504-10:002012-03-30T00:58:51.504-10:00Don't even look at the market for the first ho...Don't even look at the market for the first hour, spend that time driving bamboo shoots into your fingers - your trading will improve 100 percent.....DirtnRockGuy62noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-77301507460089940762012-03-30T00:56:02.455-10:002012-03-30T00:56:02.455-10:00Once upon a time I was listening to an old trader ...Once upon a time I was listening to an old trader talking to a newer trader..... New trader said, I am trading the NAS on a 1 minute chart and getting beat to death.... Old trader says then don't trade the one minute chart, try something different. New trader said what do you use - old trader replies a 5 minute chart because I am not a machine........DirtnRockGuy62noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-65470527869179195112012-03-30T00:45:38.561-10:002012-03-30T00:45:38.561-10:00You have the patience of a Saint...and I am heedin...You have the patience of a Saint...and I am heeding your words. Thank you very much Katzo.Nostradumassnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-28231306968396454212012-03-30T00:41:11.343-10:002012-03-30T00:41:11.343-10:00Go read PLs description of how a triangle breaks t...Go read PLs description of how a triangle breaks the psychology of both bull and bear. This is why I keep saying 'not yet.' It appears on PLs chart #1. Best to play it safe. . . .katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-267881527482412832012-03-30T00:34:14.805-10:002012-03-30T00:34:14.805-10:00 yeah, if this thing breaks it will go fast. I am ... yeah, if this thing breaks it will go fast. I am leaning towards higher now, your ED.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-4562375451921005322012-03-30T00:27:11.842-10:002012-03-30T00:27:11.842-10:00 This visually shows what eur/$$ is doing and eith... This visually shows what eur/$$ is doing and either a final spike or a break out which will drive mrkt higher.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-89134747981818121192012-03-30T00:23:24.500-10:002012-03-30T00:23:24.500-10:00said 1403 was top level or break up. I pulled an E...said 1403 was top level or break up. I pulled an EW5 off of this morning's action, new tgt is 1405.50, that is a firm tgt. Appears it will go up tho and break this. One issue is eur/$$ is now falling.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-24619963628126108602012-03-30T00:21:49.280-10:002012-03-30T00:21:49.280-10:00 Silver doing nice, studentwise the daily chart fr... Silver doing nice, studentwise the daily chart from yesterday from it's lows look to me like a 5wave+3wave correction, with now we are in 1/5 up. Guess some of you follow this move too, sorry cant post my chart yet >student<Yogi69noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-20844018769882352212012-03-30T00:20:11.000-10:002012-03-30T00:20:11.000-10:00 not yet not yetkatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-66848846224209538142012-03-30T00:18:22.118-10:002012-03-30T00:18:22.118-10:00This is a good video. At least past results (accor...This is a good video. At least past results (according to the charts) seem to validate his theory.<br /><br />I wonder what PL's view on this... I guess it goes well with the ending diagonal count (which expects a "pause" and a small correction after mid-April), but contradicts the more bullish count (which expects a rally to occur during April). Am I right?pdragounnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-83740627580701074122012-03-29T23:57:18.184-10:002012-03-29T23:57:18.184-10:00Thought the same thing... maybe he's going for...Thought the same thing... maybe he's going for mad scientist look?davezarlingnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-11545063651982408682012-03-29T23:53:08.444-10:002012-03-29T23:53:08.444-10:00Stopped/reversed at 1404.50. Keeping stops on the...Stopped/reversed at 1404.50. Keeping stops on the long trade now, in event of whipsaw... for some reason, I'm leary of this trade... we'll see.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-26447815597487672162012-03-29T23:46:48.793-10:002012-03-29T23:46:48.793-10:00ES 1405.95 to be confirmed does it need to bounce ...ES 1405.95 to be confirmed does it need to bounce back on the 1403? Or you consider it confirmed by now?Yogi69noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-75870382312158728812012-03-29T23:36:26.153-10:002012-03-29T23:36:26.153-10:00:):)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-79013222460609829952012-03-29T23:22:50.085-10:002012-03-29T23:22:50.085-10:00Thx for this blog!
I felt so much without orientat...Thx for this blog!<br />I felt so much without orientation this morning, did some nice EUR/$$ trade so far will (still have a target of 32,80) and will watch closly the ES1403 now. Again thank you PL.Yogi69noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-1382792255099107922012-03-29T23:12:03.449-10:002012-03-29T23:12:03.449-10:00just wait for the top dude then fill your boots :)...just wait for the top dude then fill your boots :)UKDNYnoreply@blogger.com