“Heightened” Emotional States .. TRUST MEASURED MOVES

here’s the update and a  BUY pattern …

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A friend of mine alerted me to $RGSE (Real Goods Solar) today and how it was exploding .. folks, it certainly “was” and all the news feeds, social communities were all talking about it …

Knowing that I was getting into a bee hive of emotional energy the FIRST thing I thought was – MEASURED MOVES.

So, in the past a %227 (yes 227) bounce was the “norm” for this stock.  Here’s some charts and note .. today, from the LOW to the HIGH was 227%.  Is this stock going higher? I have no idea .. it was an AMAZING run today but look for LOW RISK entries where risk is ID’d.  DO NOT GO WITH THE EMOTION – go w/ some sort of objective entry (fundamental or technical) that precisely defines your risk.

Chart 1: since IPO, note that “normal” corrections have been roughly 227 percent and, also note, it’s take a while for them to bounce that high.  But 227% is the normal number …

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Chart 2: note, today, the chart went from LOW to HIGH exactly 227% and no higher

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here’s the 5 minute chart:

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  • note the LOW to the HIGH was 227% since that high, well it’s down 35%.
  • note the orange AB=CD into the high.
  • note the 1.618 price projection into the low at the close.
  • note the square root projection using 1.27 from the low of the day.  “bingo ..”
  • note the blue rectangle area … try to long it there if your going to play w/ fire .. or just be patient. if it’s going to rock and roll a nice and CONTROLLED entry will occur and then you can catch this wave, if it’s real.

so, just showing you that the MATH that comprises the EMOTIONS of the MASSES doesn’t fail … know your measured moves during the heightened emotional time periods. They NEVER LIE.

rock on, ok?

Bart

“Heightened” Emotional States .. TRUST MEASURED MOVES

A friend of mine alerted me to $RGSE (Real Goods Solar) today and how it was exploding .. folks, it certainly “was” and all the news feeds, social communities were all talking about it …

Knowing that I was getting into a bee hive of emotional energy the FIRST thing I thought was – MEASURED MOVES.

So, in the past a %227 (yes 227) bounce was the “norm” for this stock.  Here’s some charts and note .. today, from the LOW to the HIGH was 227%.  Is this stock going higher? I have no idea .. it was an AMAZING run today but look for LOW RISK entries where risk is ID’d.  DO NOT GO WITH THE EMOTION – go w/ some sort of objective entry (fundamental or technical) that precisely defines your risk.

Chart 1: since IPO, note that “normal” corrections have been roughly 227 percent and, also note, it’s take a while for them to bounce that high.  But 227% is the normal number …

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Chart 2: note, today, the chart went from LOW to HIGH exactly 227% and no higher

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here’s the 5 minute chart:

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  • note the LOW to the HIGH was 227% since that high, well it’s down 35%.
  • note the orange AB=CD into the high.
  • note the 1.618 price projection into the low at the close.
  • note the square root projection using 1.27 from the low of the day.  “bingo ..”
  • note the blue rectangle area … try to long it there if your going to play w/ fire .. or just be patient. if it’s going to rock and roll a nice and CONTROLLED entry will occur and then you can catch this wave, if it’s real.

so, just showing you that the MATH that comprises the EMOTIONS of the MASSES doesn’t fail … know your measured moves during the heightened emotional time periods. They NEVER LIE.

rock on, ok?

Bart

lot’s of cool math, music and square roots – the NASDAQ getting ready to run?

it was ALL THE WAY back in Feb 2015 that I did a post on the upcoming resistance of the NASDAQ and then the breakout to new highs … did it for Andy @seeitmarket here:  http://www.seeitmarket.com/nasdaq-trend-line-converging-with-2000-high-breakout-14142/

in that post I wrote:

“let’s remember that this is a 40+ year chart, so setting up that move could take some time.”

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one could argue it took almost 20 months …sheesh. anyway, let’s take a look at some “stuff”

how “strong” is the NASDAQ?  Do a ratio analysis quick look:

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what are we doing here:

  • make a ratio: NASDAQ / DJIA
    • IF chart going HIGHER THEN the NASDAQ is stronger than the DJIA
    • IF chart going LOWER THEN the NASDAQ is weaker than the DJIA
    • NOTE, we’ve been slowly and steadily stronger than the DJIA (chart doesn’t lie) but NOTE there has been no BIG move, yet.
    • Stair Steps UP (where no swing low is broken) are powerful indicators of an underlying trend ….this trend is strong in a relative strength sense…
    • folks, again, IT TOOK 14 YEARS for the NASDAQ relative strength to retrace .382 percent of the 2000 blow off tech top.  Slow and steady move higher …
    • HERE’S the KEY …note the RSI.  the support transition that has occurred tells you that the market has possibly shifted into a much more bullish mode and is one that should be noted and taken seriously!  frankly, we might be on the verge of a big parabolic move like 2000 … g
  • PATTERNS work ….note the blue shaded areas, those are “likely” targets for this move … could it go to new all time highs? Yes, the RATIO could do that but, for now, let’s pay attention to the breakout about to occur at the .382 (red line)

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the chart above is a “long term” LOG chart of the NASDAQ from it’s all time low …

  • note the two red trend lines.  the lower trend line is pretty powerful and price is just clinging to it …with this breakout to a new high I believe the NASDAQ has, at a minimum 10% move coming into the 6100-6200 level.
  • also – NOTE the FRACTAL on the RSI.  It certainly appears to be doing the “exact” same move ..
    • a high, a couple bumps and then a dump into a low and then a move higher to build negative divergence.

6100-6200 represents THE AB=CD from the all time low and a 1.27 extension from the 2000 high … as a pattern recognition expert – this SHOULD BE SIGNIFICANT RESISTANCE.

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X … OBTW the LOW was 6.18. by chance, of course

Jerry – my good friend – hope the books are vibrating for you brotha!

Here’s what I would do … WAIT for this to work itself out. My only “issue” is I want to see a 3 wave corrective move. We’ve only done one for now …

rock on my friend, rock on …

Bart

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Loonie, OSX, Crude – time for another inflection?

go ahead and follow this link if you want to follow some real time PATTERNS w/ technical analysis and the correlation between the 3 items in the subject line: https://bartscharts.com//?s=LOONIE

appears we are at another critical juncture:

  • Crude – 2 buy patterns present.
  • OSX – buy level indicated
  • USD vs LOONIE – multiple patterns present for another move in LOONIE strength.

again, these are just patterns folks … but we have a very clearly defined demarcation line for the next move to begin.

stay tuned

Bart

charts below, let me know if you have any questions.

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$FB for @seeitmarket

Facebook Stock Chart (FB): A Big Moving Is Coming Soon

pay attention to the converging LOG trend lines

B

don’t worry DB – Shake Shak, TWTR, FB, Chipotle will save you … ugh.

09/15/2016 – does anyone care that 1) DB is below the 2009 lows AND 2) it’s the largest holder of Derivatives (the financial time bombs) in the WORLD and 3) it’s the largest bank over in Europe which is tattering on financial collapste?

Nope, nobody really cares … TWTR, FB, TSLA, AMZN will save the world.  If you look at the picture below, imagine WHAT HAPPENS IF DB implodes.  See all those red arrows ….?  Well, they will affect these banks.

GSIB – Global Systematic INTERCONNECTED banks.

db-imf-1

 

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06/02/2016 – Triangles – look SO GREAT after they complete. when your in the middle of one (reference daily/weekly EURO vs USD) you get chopped up and frustrated till you erase your chart and then the c-d-e legs appear.  then it’s simply so hard to wait for “e” to complete but you have to …the move out of “e” is “usually” swift and strong … so, this triangle is so perfect in so many ways

  • trend line definition
  • the length of bc and cd are “usually” .618/.68179 (think music) of the proceeding wave
  • none of the moves are showing any major momentum or thrust ….

CONCLUSION: very near a daily triangle completing and then another dump on DB.  What the f&^% does this mean for the Euro-Zone and, well, let me just throw it out there .. the derivatives that DB is backing?  People lot smarter than me probably know.

Stand by ….

Bart

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Vesica Pisces and WYNN

Chargers are doing really really well and the marine layer is a butt kicker this afternoon so the family is just staying put and relaxing …I enjoy coming up to the computer and drawing w/ my crayons. it’s relaxing .. sometimes, just to prove to myself I’m NOT crazy in the truest sense of the word (I can promise you, I still am) I’ll just pick a stock and “draw” – circles, squares, angles and just “prove” to myself that YES This stuff does work.

so I took WYNN … no reason, trust me.

OBTW – here’s some work on the WYNN top and the fall from grace so to speak: https://bartscharts.com//?s=wynn

Anyway … look at the chart on a LONG TERM basis and just pick a vector .. draw that vector as the radius of the circle and then draw the remaining vectors which compromise the remaining aspects of the Vesica Pisces.  (OBTW and note – they are all square roots of the numbers 1-5.  :))

Here’s the charts … I didn’t make this up, I picked WYNN and did the Vesica Pisces.

I’m pretty sure I know why it works (it ONLY works to help you manage risk) but on another note … I know why this “stuff” works …😉

vesica-dimensions

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the origin of trend lines …Facebook

IF you believe that EVERY thing is vibration (some do, some don’t) THEN you might believe that stocks bounce around according to the energy they VIBRATE from their IPO and/or key inflection points (highs and lows, etc).

IF you also believe that the PATTERNS I post every now and then are governed by geometry THEN you’ll start to see and understand that the most “basic” yet fundamentally important aspect of what we are doing is based on 30,60,90 degree angles.

FAR too often we just use TIME or just PRICE and draw trend lines or “static” time cycles w/ a cycle tool.  Does that work? Sometimes yes, sometimes no BUT the key here is to SEE the chart (HINT HINT take off all the lagging indicator bullshit) and just look/study a chart based on PRICE and TIME.

FB .. has changed the world man.  Cool .. but to me, it’s just a chart and a powerful chart.  ZERO swing low has been broken (on close) and I recently sent in my submission to Andy @seeitmarket for an update of a post I did using LOG trendlines and to BUY at 88.  I’m updating it because we are “converging” from the top and bottom (LOG scale) and it’s going to go either way. (Guess what, I don’t claim to know which way..)  But, it’s something to take notice …I’ll send the link once it hits the presses.

So, after doing that post I decided to draw some pictures before heading out on my new Stand Up Paddleboard.

  1. Find the KEY first initial impulse move (up or down)
    1. that key impulse move will define the geometry of ALL moves in the future. It’s the rock hitting the water and causes the waves ….
  2. Use a drawing tool and connect the highs and lows
  3. Get out a protractor and draw a 90 degree angle.

That’s it .. now, simply create squares.

***NOTE: FB has “never” closed (weekly basis) above the center trend line (the median and YES that is where we get the Adam’s Pitchfork). Note the blue boxes … every time it “touched” the center trend line it was rejected …NEVER closing above.

Now, someone w/ a fundamental background please tell me what P/E, multiple, forward earnings and all that other crap has to do w/ that trendline generated from a square?

One last, if you want, use PLANETS to draw trend lines.  Yes, planets .. folks, the planets are causing all the energy/vibrations anyway. they NEVER change speed (heliocentric) and leave footprints all over the place.  I’ll use Saturn, Jupiter and Mercury on $CMG and lets see what happens.  PROMISE I HAVE NEVER DONE THIS BEFORE …here’s what I am going to do:

  • CMG IPO DATE: January 26, 2006
  • MOVE SATURN, JUPITER, MARS 10 degrees HELIO and MOVE PRICE 10 degrees up. Where they intersect, draw a trendline.
    • from the IPO you can use the “O/H/L/C” to draw the trendlines.
  • Turn on Dark Side of the Moon
  • See what happens

Bart

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