I’m watching 4 things …

PATTERNS on the ES, $NYA, Banking Index and Yen to tell me if we break out to new highs.

  • Banks are rolling.  That’s bullish – get thru level shown then we should surge higher
  • Yen, after an entire 6 weeks of doing nothing – EXPLODED.  119.80 line in the sand
  • ES “basic” AB=CD complete.
  • NYA shows a possible count calling for lower

Close today will rank in the “big deal” category in my very humbled opion.

Just a pattern guy … no idea what the jobs report, or rates, or any of that “stuff” means …

Main20150206120144Main20150206120327

Main20150206120530

Main20150206120833

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: