GE for a friend … let me know if you have any questions UPDATE: 03/31/2018

03/31/2017 – I like the .786 level in/around 10.95-11.56.  Note the percentage change from the 2000 high (-64.69%) and how that same percentage change is present now right at the .786 retracement.  We are at 40+ years low on the RSI and some overlapping ratio’s.  It’s do for a very nice bounce.

12/7/2017 – see below. it’s pretty darn busted up …

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wait for a little lower?

note all three legs up (blue arrows) were exactly the same and so this move down was to be expected.  using the last ‘big’ move down as a projection and it comes into that 23-24 area.

I DO NOT LIKE THAT IS HAS REACTED WEAK ON THE LONG TERM LOG TREND LINE FROM 2009.

B

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. View all posts by BART