SBUX monthly signal reversal candle a couple bucks away

here’s the post on SBUX:

http://bartscharts.com/2013/11/03/sbux-and-coffee-futures/

the RELATIVE STRENGTH of Coffee Futures to SBUX has a montly BUY signal and the post above showed how inflections of Coffee relative strength w/ regards to SBUX usually gave one a “heads up” on price action. the geometry of the PATTERN at/around 81 is presented, again, below.   a monthly signal reversal candle (SRC) is around 74.51.

SBUX potential targets and count that doesn't break any rules (valid (?))
SBUX potential targets and count that doesn’t break any rules (valid (?))

 

SBUX SELL SIGNAL monthly approaching
SBUX SELL SIGNAL monthly approaching

 

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

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