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 Second Wave
Liquidity Trader Complete, Professional Edition
Tide About To Go Out On The Sea of Cash
by Lee Adler • • 1 Comment
Extended free summary excerpt Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big moves in stocks and bonds, just follow the money. Lee Adler’s Liquidity Trader tracks…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX Update: Bears Need to Get ‘er Done, or Go Home
by Pretzel Logic • • 0 Comments
Yesterday’s count expected further upside, which is what the market provided. At this stage, there’s just not much to add. This remains one of the more challenging structures I’ve had to decipher in some time, but if the expanded …
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, RUT, NYA, NDX Updates: Some Possibilities Still Open, Others Now Closed
by Pretzel Logic • • 0 Comments
The market has done what we’ve expected over the short term and traded down into the SPX target box — but it has yet to answer the bigger questions. Right now, the decline off the high looks like a very nice A-B-C, so unless the bears …
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX and Nasdaq Updates: Long-term Charts Show Market Faces Key Resistance Levels
by Pretzel Logic • • 0 Comments
Yesterday, I spoke about the possibility that Minor Wave (2) up could complete its top within hours, and it’s entirely conceivable that came to pass yesterday. Once again, the market gapped up, and once again, the bulls took it nowhere …
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX and RUT Update: Market Has Reached the Topping Target Zone
by Pretzel Logic • • 0 Comments
I was watching CNBC last night, and it seemed like every other guest was predicting Dow 36,000 for 2012. Correct me if I’m wrong here, but don’t bull markets start when everyone is bearish? In March of ’09, AAII sentiment was over 70% bears…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX Update: ‘Twas the Top Before Christmas?
by Pretzel Logic • • 0 Comments
There’s been no material change in the counts since yesterday. The primary occurrence of note on Thursday was the SPX reached the 1254.50 target.
If this is a corrective second wave, as the bearish count sees it, then a top is f…
