The very short-term charts are still a mess. Some personalities feel that an analyst should be able to have a strong opinion on the market at all times — unfortunately, out here in the real world, that’s simply not realistic…
Tag Archive for Fourth Wave
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX, COMPQ, and INDU Updates: Possible Reconciliation of Counts Across Markets
by Pretzel Logic • • 0 Comments
I’ve been trying to reconcile the counts across market, and may have found a solution tonight. Each market gives a bit different appearance, and readers know I’ve referred back to RUT several times, which argues that the next low (assuming …
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX, RUT, COMPQ Updates: Bulls Running Out of Options
by Pretzel Logic • • 1 Comment
As I’m certain some of you read in the comments section, there was a death in my family yesterday, so I’m going to need to keep a bit lighter schedule through the remainder of the week. My thanks to those of you who have expressed …
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX, RUT, and INDU Update: Trying to Reconcile the Contradictions…
by Pretzel Logic • • 0 Comments
Yesterday’s alternate count came to pass, and hopefully readers heeded my warning regarding the red trendline and protected profits. There are certain things I take for granted as “common knowledge” and I sometimes fail to expand upon certain sta…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX Update: Looks About Right So Far…
by Pretzel Logic • • 0 Comments
Tuesday held no surprises as the market did a ramp and camp, which fits the terms of the technical bounce discussed yesterday.
Toward the close, I wrestled a bit with the wave structure, but in the end decided it appeared a little …
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX and NDX Updates: So Far, So Good…
by Pretzel Logic • • 0 Comments
Yesterday performed perfectly in accordance with the expectations of the preferred count, which needed the market to show some upwards momentum. That’s exactly what we got, and it’s always tempting to be lulled into a sense of complacency when th…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX, RUT, NYA Updates with Bonus! Silver Chart: What Happens Next is Likely to Determine the Trend for Several Weeks
by Pretzel Logic • • 0 Comments
Friday provided a new low, but it wasn’t really the “type” of new low I was looking for — it was too shallow. So there are still several options open. As I stated on March 16, when I suggested a turn was coming, the bigger question is…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX, RUT, and CVX Updates: We’re Experiencing a Temporary Shortage of Creative Article Titles… Please Stand By
by Pretzel Logic • • 0 Comments
The market did very little on Wednesday, which is actually a somewhat encouraging sign for bears. To some degree, one can gauge who’s in control by simply looking at which price direction the market is stug…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX Update and More: Why I Haven’t Yet Joined the Long-Term Bull Camp, Part I
by Pretzel Logic • • 0 Comments
We’re going to move through this article starting with the short-term and ending with the long-term.
Friday performed exactly as expected, “choppy sideways with a slight upward bias.” The second part of that prognostication projected at least a …
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX Update: This Zone Represents a Confluence of Targets
by Pretzel Logic • • 0 Comments
I did a lot of work on charts tonight, but I’m going to keep the update short, sweet, and simple.
Yesterday’s market traded right into the target zone. I now believe there is a turn coming either today or Monday. I suspect t…
