Yesterday, both counts expected more downside, which the market provided. The picture has clarified just a little bit, and, as I see it, there are two main options for the short-term resolution.
What’s interesting about this market is that it’s…
Tag Archive for Spx
Latest Business Headlines
Europe woes grip investors again – CNNMoney
by Newswires • • 0 Comments
Europe woes grip investors againCNNMoneyBy CNNMoney staff @CNNMoneyInvest May 14, 2012: 6:38 AM ET NEW YORK (CNNMoney) — US stocks could be hurt by new worries about European stability Monday. The Dow Jones industrial average (INDU), S&P 500 (SPX)…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX and INDU Updates: It’s Painfully Obvious What’s Going to Happen Next… or is it?
by Pretzel Logic • • 0 Comments
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…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX and INDU Updates: Bulls Win Again
by Pretzel Logic • • 0 Comments
Recently it seems that virtually everytime there’s a choice between a bearish count and a bullish count, the bullish count wins. This was once again the case yesterday, as the bulls did what they needed to in order to knockout the bear coun…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX, COMPQ, Eur/USD Updates: Today Could be a Critical Day
by Pretzel Logic • • 0 Comments
Today could be a key day toward gaining more confidence in one of the two main counts, because — as those of you who own digital watches already know — today is the first of May. The first of any month is frequently bullish,…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX, INDU, and Employment Updates: Looks Like the Shoe is on the Other Hand Now!
by Pretzel Logic • • 0 Comments
No one can deny that many indicators look bullish right now. The bears are rapidly running out of real estate, and the Dow in particular is within a stone’s throw of making new highs.
However, the burden of proof is now on the bulls. …
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 …
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
Peak Dow, Peak GDP and Peak Oil
by Charles Hugh Smith • • 0 Comments
Peak Oil and Peak Credit do not exist in a vacuum; they’re why we have Peak GDP, Peak Dow and Peak Income.
You don’t get Peak Oil and cheap abundance in everything else: you get Peak X, Y and Z, for example Peak Oil, Peak Dow and Peak GDP. Peaks …
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX Update: Revenge of the Beard
by Pretzel Logic • • 0 Comments
This market remains a mess, though perhaps some semblance of order is beginning to emerge from the chaos. Way back on Friday the 13th, I suggested that the market would form some type of “double retracement” due to the extended fifth wave. …
Professional Edition, Technical Trader
AAPL Has Short Coattails
by Lee Adler • • 0 Comments
The Nasdaq and SPX had big moves on the strength of the move in AAPL, but the Dow and screening measures were less enthusiastic. What happens next depends on whether the move continues and broadens out on Thursday. Short term cycles are in up phases. 13 week and 6 month cycle up phases could kick…
