well look at that …

last post on the transports: https://bartscharts.com/2021/02/21/transports-a-lot-of-degrees-of-trend-coming-together-heads-up/

alert went off last week and the upper target zone on the DJ Transports has been hit ..on my monthly chart that level is 16180 and while I know a lot of you will just see a NUMBER and that’s cool but when you play w/ numbers EVERY day you see 1.618 … you study sooooo much that you understand “why” we don’t need decimal points and what they actually mean so you can move decimals point around.

if this is the high, I really have no idea if it is or it isn’t then the Architect has a really FUN sense of humor. think about it .. the “low” during the financial crisis on the cash SPX was 666. not kidding .. check it out. now, w/ one of the MAJOR indices topping out on the Golden Mean … well look at that.

here we go …

good weekend to everyone …

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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