tag:blogger.com,1999:blog-947237681666122369.post5806193514886257610..comments2024-03-18T14:37:21.899-10:00Comments on Pretzel Logic's Market Charts and Analysis: SPX and NYA Updates: No Holy Grail Just YetPretzelLogichttp://www.blogger.com/profile/11613859771824863784noreply@blogger.comBlogger225125tag:blogger.com,1999:blog-947237681666122369.post-88123213270187283622012-03-08T02:47:06.114-10:002012-03-08T02:47:06.114-10:00 You could have probably made me sound like the Ne... You could have probably made me sound like the Neil Peart of the triangle.jbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-73105027778607806622012-03-08T02:38:47.686-10:002012-03-08T02:38:47.686-10:00Okay, update's posted, so let's continue d...Okay, update's posted, so let's continue discussion over there.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-43110806615080144522012-03-08T02:28:17.619-10:002012-03-08T02:28:17.619-10:00just from observing the sheer candle action my pos...just from observing the sheer candle action my post of up .85% may have marked the top for it. dunnokatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-48949831286260471542012-03-08T02:27:16.522-10:002012-03-08T02:27:16.522-10:00Hi Dan, thanks and welcome. GL to you. :)Hi Dan, thanks and welcome. GL to you. :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-70014067652893487922012-03-08T02:24:01.780-10:002012-03-08T02:24:01.780-10:00Hey Pretzel,
I have been reading your blog since O...Hey Pretzel,<br />I have been reading your blog since October. I really enjoy it. I have had my a$$ whipped in this market from both directions since 2008. I fought up when it was going down and down when it was going up. Did better Nov.'08, got killed in Feb. '09. Mentally more than financially. Honest to God I snapped on March 6th '09. I'm trying to build a small account back, will be glad to make donations if I can ever make any money in the market. Take care. Dan Beaverhttp://twitter.com/dan_beavernoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-25956955336889241112012-03-08T02:22:09.858-10:002012-03-08T02:22:09.858-10:00eur/$$ is up .82%, that is a big move for it.eur/$$ is up .82%, that is a big move for it.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-32648344469633669722012-03-08T01:27:28.758-10:002012-03-08T01:27:28.758-10:00 i was looking across at $SPX candle on feb 09th. ... i was looking across at $SPX candle on feb 09th. assuming we close higher today. thanks for detailed brief above.sandyone44noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-14271694847555461732012-03-08T01:15:50.596-10:002012-03-08T01:15:50.596-10:00where are you getting that level from sandy?where are you getting that level from sandy?katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-35614587161200489022012-03-08T01:06:05.318-10:002012-03-08T01:06:05.318-10:00Here is the $SPX/DAY. If we open up here we have j...Here is the $SPX/DAY. If we open up here we have jumped the TL. Two possible paths. The first path is that this is the ABC EW4 and we just entered the B up portion of the EW4. Tgt should be right about where we are now, meaning that it can only get frustrated up here and basically go sideways, <i>no more up.</i> That means we have just completed the 1/2 way down in this EW4 move, if A equals C the A move being finished. Switching to ES, 1376 - 1338 = 38 points. 1363 [where we are now] - 38 = 1325 is ST tgt. Stopping around here and turning south would initiate the EW4 conclusion but I have to postulate that this is a call on the shorter side, would not go much beyond a few days and does not take into consideration the potential for a break of that 1325 level. That breaks and of course a recount is in order and my 1280 to 1300 becomes the tgt.<br /><br />The second possibility is that this is not an EW4 down, we continue up breaking to new highs soon. We will know the answer very soon. I believe the first scenario but chart this action every day so cannot be thrown off by too much. My believe is based on a possible bottom in $VIX, I am hinting at a h&s move there with my tan arrows [speculation tho]. Other things come into play, like the eur/$$ I keep on posting. A break out of that top eur/$$ TL and we definitely go up in $SPX so it has to remain weak and there should even be a good fall in it very soon as it may be done testing the top TL and a good sized down candle will lock in the trip to the bottom TL. The 1.31 area has been stubborn for eur/$$. Observe the areas with the yellow around them, channel down is believable if the above happens.http://www.screencast.com/users/katzo7/folders/Jing/media/3555eb7e-55b1-4258-b64f-4f4f9fb61442<br /><br />eur/$$ <br /><br />http://screencast.com/t/DYHNwO5E2okatzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-17407481200684065262012-03-08T00:24:08.517-10:002012-03-08T00:24:08.517-10:00 are we gonna find support at 1352 area now? are we gonna find support at 1352 area now? sandyone44noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-28891743890889205872012-03-08T00:16:17.525-10:002012-03-08T00:16:17.525-10:00. . . brought up from below " and it plays ou.... . . brought up from below " and it plays out as "you are missing a vital piece of information" during Mercury retrograde."<br />Knew I should trust my mrkt instincts, the 120 & 15 proved out to be the ones to watch. We are at 1362.75 now, filling that gap that someone mentioned. A slow climb o/n with a huge bar that moves5 points on the 120. On larger time frames the oscillators say this is nothing but the smaller time frames say this will take much more time to sort itself out.katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-86182341817511256222012-03-08T00:14:54.042-10:002012-03-08T00:14:54.042-10:00You're supposed to ask, "What's a hen...You're supposed to ask, "What's a henway?"<br /><br />I don't remember the exact correct answer, because it's been a LONG time since I heard that joke... but the answer is something like: <br /><br />"About 5 pounds."Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-85335459813792787832012-03-08T00:11:41.702-10:002012-03-08T00:11:41.702-10:00Okay, I will bite, what is a Henway?Okay, I will bite, what is a Henway?katzo7noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-77016532099760834022012-03-07T23:50:10.336-10:002012-03-07T23:50:10.336-10:00btw, seeing as the blog just hit 100 followers, an...btw, seeing as the blog just hit 100 followers, and so many readers like pizza, we might have to throw a pizza party. :DPretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-33040297062727007332012-03-07T23:48:11.245-10:002012-03-07T23:48:11.245-10:00Hmm. Well, the summary and bottom line is: I don&...Hmm. Well, the summary and bottom line is: I don't know what ewcry does in that regard. I'll see if I can get ahold of a copy to get an idea what you mean. :)Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-35212899015023632572012-03-07T23:46:57.299-10:002012-03-07T23:46:57.299-10:00ty snowbeast.ty snowbeast.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-71162321508334769462012-03-07T23:46:34.236-10:002012-03-07T23:46:34.236-10:00No doubt.No doubt.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-10869633601617064942012-03-07T23:45:57.422-10:002012-03-07T23:45:57.422-10:00lol. I'll get right on it.lol. I'll get right on it.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-67288157466599924212012-03-07T23:45:46.943-10:002012-03-07T23:45:46.943-10:00Good point. Good point. Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-51286296925796683732012-03-07T23:45:26.315-10:002012-03-07T23:45:26.315-10:00Definitely can't take that as anything but a c...Definitely can't take that as anything but a compliment. PF DSoTM is a classic. :)<br /><br />No worries on the "Like" button -- I'm literally just trying to figure out what's most helpful to readers.Pretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-49879457401311429612012-03-07T23:32:59.663-10:002012-03-07T23:32:59.663-10:00Yeah, Jerry's a good guitarist. It's amaz...Yeah, Jerry's a good guitarist. It's amazing how much can be done with production, though. After he recorded the raw tracks and gave them to me, I disappeared into the studio for a couple days... when I came back out and played the finished song for him, he goes, "Dude, was that me?!? I thought what I gave you was lame -- you made me sound like Zeppline or something!" :DPretzel Logichttp://PretzelCharts.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-41408064570364248452012-03-07T23:18:44.893-10:002012-03-07T23:18:44.893-10:00yet again, just nowyet again, just nowRandallhttp://profile.yahoo.com/S7GX374TOVPSSITDC5NK4WOCWYnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-57818255179624338322012-03-07T19:46:21.681-10:002012-03-07T19:46:21.681-10:00I spend too much time kicking myself in the pants ...I spend too much time kicking myself in the pants with this market to remember to click the button but will change my ways. I'm thankful every day for your guidance.snowbeastnoreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-31715897985188671052012-03-07T19:30:42.997-10:002012-03-07T19:30:42.997-10:00You wrote that...very cool...seriously...and that ...You wrote that...very cool...seriously...and that dude can play. Unfortunately, the only instrument I was ever allowed to play was the triangle (way before Ed Grimley, and he was better). If your into electronica/industrial at all, these guys are allegedly "big in Europe".<br /><br />http://www.last.fm/music/Cesium:137jbg1911noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-23393463753481088282012-03-07T19:26:48.855-10:002012-03-07T19:26:48.855-10:00good post dude, don't worry to much about he &...good post dude, don't worry to much about he "likes" or "no likes" clicks. solid stuf!!soulsurferusanoreply@blogger.com