tag:blogger.com,1999:blog-947237681666122369.post3217842013281376161..comments2024-03-18T14:37:21.899-10:00Comments on Pretzel Logic's Market Charts and Analysis: SPX Update: All Targets Hit -- Now What?PretzelLogichttp://www.blogger.com/profile/11613859771824863784noreply@blogger.comBlogger201125tag:blogger.com,1999:blog-947237681666122369.post-90000632347697067012011-12-14T03:27:30.901-10:002011-12-14T03:27:30.901-10:00Okay, update's posted, so let's continue d...Okay, update's posted, so let's continue discussion on the new thread. :)PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-61612870420921262822011-12-14T03:22:31.505-10:002011-12-14T03:22:31.505-10:00Shorted at 1229.50 before going to sleep with a lo...Shorted at 1229.50 before going to sleep with a loose enough stop that I didn't get stopped out. Was excited to see we dropped to 1220ish - not so excited to see us back at 1226.B.O.B.noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-58746438241198333862011-12-14T03:21:50.567-10:002011-12-14T03:21:50.567-10:00Today we have raw materials down and the stocks lo...Today we have raw materials down and the stocks looking for Christmas Rally, yesterday the VIX was decreasing as a consequence of a big selling of puts, Chistmas levitation?Paolohttp://trend-borsa.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-71554564370925939772011-12-14T03:21:06.761-10:002011-12-14T03:21:06.761-10:00One more question. Do you see 3-3-3-3-3 sub-wave ...One more question. Do you see 3-3-3-3-3 sub-wave structure of this ending diagonal?Raynoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-487104563984200862011-12-14T03:17:34.231-10:002011-12-14T03:17:34.231-10:00Please do not levitate too muchPlease do not levitate too muchPaolohttp://trend-borsa.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-68282245601835231972011-12-14T03:09:35.826-10:002011-12-14T03:09:35.826-10:00futures flat? am i seeing that right?futures flat? am i seeing that right?Firsfeaturenoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-67349665104373689642011-12-14T02:48:51.320-10:002011-12-14T02:48:51.320-10:00You are right. Thanks.You are right. Thanks.Raynoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-87823570895108684082011-12-14T02:42:44.273-10:002011-12-14T02:42:44.273-10:00C of (w) would be labeled as an expanding ending d...C of (w) would be labeled as an expanding ending diagonal -- that allows for the overlap.PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-33844050635062635502011-12-14T02:40:59.916-10:002011-12-14T02:40:59.916-10:00lol! Soon. And many thanks for the donation. :)...lol! Soon. And many thanks for the donation. :)<br /><br />Working on the article, getting close to done here...PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-81671767372084014482011-12-14T02:39:25.673-10:002011-12-14T02:39:25.673-10:00PL,
Please correct me if I am wrong. We have tw...PL,<br /> <br />Please correct me if I am wrong. We have two possible counts on the table now - wave 3 or wave B. If currently it is wave B, then the minor (2) wave has the double zigzag pattern as you shown in the first SPX chart, which requires wave (w) to be a 3 wave zigzag. I tried to label 3 wave zigzag of wave (w) as shown in attached chart but there is an overlap between wave 1 and wave 4 as shown in the blue rectangle box. Does that eliminate the wave B possiblity or you have other way to count wave (w) as a 3 wave zigzag or something else? Thanks.Raynoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-55994640772608038242011-12-14T02:02:56.564-10:002011-12-14T02:02:56.564-10:00For the Love of Anon20 - can I ever wake up with s...For the Love of Anon20 - can I ever wake up with shorts in place to a 40 point S & P gap down. It's at the top of my Christmas listGGekkonoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-46042393467907657282011-12-14T01:44:19.150-10:002011-12-14T01:44:19.150-10:00NQ has been weak all night. Down 7 right now. Li...NQ has been weak all night. Down 7 right now. Like I said about 2 hours ago: I think any futures bounces are selling ops. PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-38847583333479810792011-12-14T01:41:14.129-10:002011-12-14T01:41:14.129-10:00Futures woo hoo - an all time first - every major ...Futures woo hoo - an all time first - every major world markets is down and Italy bonds hit an all-time high - yet US futures have been up !!!! It is an amazing feat of levitationGGekkonoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-49539698645590777982011-12-14T00:13:20.201-10:002011-12-14T00:13:20.201-10:00Hi Rivertrade. :)
I'm actually not favoring ...Hi Rivertrade. :)<br /><br />I'm actually not favoring the leading diagonal either, but it's possible. Based on my work so far tonight, I think there's more selling right around the corner.PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-78045328807850859232011-12-13T23:59:08.315-10:002011-12-13T23:59:08.315-10:00could it be a leading diagonal for now? so up to t...could it be a leading diagonal for now? so up to the 0,76er - 1260 and then down awesome! for german dax it would be 6000 and after that-->down ...greeting from germany, rivertradeRivertradenoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-31770940346788542432011-12-13T23:48:06.494-10:002011-12-13T23:48:06.494-10:00btw, I think this futures bounce is another sellin...btw, I think this futures bounce is another selling op.PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-37699995492323106422011-12-13T23:43:08.091-10:002011-12-13T23:43:08.091-10:00lol- just saw the meteor comment. :D
What does T...lol- just saw the meteor comment. :D<br /><br />What does TBH stand for? Thought I'd heard 'em all, but I guess not.<br /><br />Shanghai Composite actually looks to be in the throes of a third wave down, which means it could run for a while. Trade below 2220 would confirm it, as that would rule out the decline being the B-wave to an expanding flat.PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-70131385987330356942011-12-13T23:20:53.467-10:002011-12-13T23:20:53.467-10:00TBH, I'm just kicking ideas around. There'...TBH, I'm just kicking ideas around. There's clearly a lot of negative stuff out there - look at the Shanghai Composite, which is looking very stretched to the downside now. At such times I can't help but look for a contrarian angle. I recognise though that US markets don't currently reflect much of that very negative sentiment, so that cautions me somewhat.RolfTnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-16309492578389644132011-12-13T22:48:44.960-10:002011-12-13T22:48:44.960-10:00ty.
Yeah, not a bad thought. I'm very curio...ty. <br /><br />Yeah, not a bad thought. I'm very curious to see the new AAII numbers when they're released. Last week, there was still a high number of bears, though it had come down from the week prior.PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-49661116586567388802011-12-13T22:43:19.254-10:002011-12-13T22:43:19.254-10:00It's fully expected to pass, so no surpises in...It's fully expected to pass, so no surpises in store IMO:-<br />http://www.google.com/hostednews/afp/article/ALeqM5iJMeJvxAQCwuLNIFym73qE93_Rmg?docId=CNG.249cb628071b3a25f19cf14352a8df81.3d1<br /><br />I just sense that the big sense of let down after the Euro Summit has perhaps gone far enough for the moment. It probably wasn't as bad as people think - just the lack of visible "giant bazooka" spooked the pavlovians in the immediate term. So I'm consciously looking for things, whether those things are "surprises" or not, to help sentiment switch back a little. Just looking for something contrarian in the face of rising market nerves, I guess.RolfTnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-18646109562006848832011-12-13T22:35:54.566-10:002011-12-13T22:35:54.566-10:00Any good links for that? I'm terrible about k...Any good links for that? I'm terrible about keeping up w/ the news. A friggin' meteor could deep impact the Baltic Sea, and I would learn about it from you guys. I literally haven't even watched TV a single time in the past 2 months.PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-34313240938351327332011-12-13T22:33:26.673-10:002011-12-13T22:33:26.673-10:00It's a wrestling move: "the strict monti ...It's a wrestling move: "the strict monti grip".RolfTnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-8378277599703808842011-12-13T22:29:10.404-10:002011-12-13T22:29:10.404-10:00The more I look at this stuff, the less I like the...The more I look at this stuff, the less I like the ending diagonal interpretation. I'll post a chart that shows why in the update. Leading diagonal, maybe. Ending diagonal? Hard to see it.PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-62215205072966382762011-12-13T22:27:04.114-10:002011-12-13T22:27:04.114-10:00So much for "The Full Monti."So much for "The Full Monti."PretzelLogicnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-25994209542412887062011-12-13T22:26:06.831-10:002011-12-13T22:26:06.831-10:00Italian parliament to vote on (vote through) Monti...Italian parliament to vote on (vote through) Monti's austerity package today - could prove a positive switch for current negative sentiment.RolfTnoreply@blogger.com