so … who is eating who?

last post on current market conditions: https://bartscharts.com/2021/10/17/sometimes-you-eat-the-bar-and-sometimes-it-eats-you/

if your someone trying to get short – sure looks like the bar is eating you …if your trying or are long looks like you are eating the bar … man, this is interesting.

1/ as a PATTERN recognition expert I can say that the PATTERNS for selling equities FAILED over the past two days.

2/ as an intermarket musician I try to look at everything ….

3/ so lets do that ….

  • the PATTERNS have failed
  • Palladium really looks like another leg down … Palladium down has been equated to NASDAQ down and, to a certain extent, equities down
  • NFLX … man, that pattern is REALLY close …
  • Banking Index – again, a MASSIVE pattern a little higher …
  • XLP/NYA – certainly might have BROKEN DOWN (equity strength) of the 7 month channel …

so what do we do ..

me?

sitting on my hands and looking for a simultaneous 1/NFLX target hit and 2/ BANKING INDEX hit and 3/ XLP/NYA target hit and then SHORT the NASDAQ w/ a vengeance ….

until those 3 criteria are hit I’ll continue to lick my wounds on MJ 🙂 but … seeing the “numbers” come together for NFLX makes me think I might have to break out my timing work … as a side note I recommend you go and BUY Connie’s book (novel, war and peace) the 32nd Jewel .. it’s mind blowing and I’m only on the 3rd chapter because I find myself against a wall and then I go and “find” (I wonder how I find them) books on number theory and Planks constant and inverses and … the rabbit hole just spirals so I’m reading Robert Edward Grant’s “Philomath” and – total mind blown – but it’s helping me go back to Ms. Brown’s expose and the TIME factor becomes understandable but – it’s still elusive in nature – so when I get a bunch of numbers coming together I work backwards to figure out – what- exactly – is the VIBRATION that NFLX is rolling along with …..

the KEY is the DATE of the IPO and, I think (I’m still learning) that first “long term” pullback from the initial impulse move … that is where the rock hits the water and the height of the drop, the weight of the rock , the wind, the moon, the tide and ANYTHING that is PRESENT and PHYSICAL interacts w/ the waves to create the moves we see … it’s really that simple.

IF (and trust me it’s a BIG IF) that’s the case then wouldn’t the mathematics of the ancients (note, probably you and me and anyone else present right now … ) that govern natural harmony work on the markets?

YES .. join me going deeper and deeper and deeper into the rabbit hole …

chart of the year ….
nothing “truly” goes down till the banks go down … pretty big target 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.

One thought on “so … who is eating who?”

Leave a Reply