Asian Open – Fed cuts rates to zero and possible mirror image foldback NYSE Index

here’s last weeks post on the Asian Open and the YEN. level worked pretty well and we rallied pretty much all week. the USD vs YEN should stay below the 108.46 level and/or 109.866. if (the big if) this sell signal works then it ‘should’ put pressure on the equities: even w/ the FED cutting … Continue reading “Asian Open – Fed cuts rates to zero and possible mirror image foldback NYSE Index”

DB Oblivion …redux 03/11/2020

03/11/2020 the epicenter of the Corona Virus is China. the epicenter of the REPO crisis is DB. DB breaking to new lows is NOT A GOOD THING. ding ding … here comes the REPO train and we DO NOT want to be on it … you can follow the saga of DB here: https://bartscharts.com//?s=db what … Continue reading “DB Oblivion …redux 03/11/2020”

DB (Deutsche Bank) House of Cards?

05/29/2018 – if you search ‘DB’ on my site you’ll see I’ve been watching this company for the past couple years.  Why?  Well, they are the largest holder of derivatives in the world and have so many ‘tangling alliances’ w/ the major global banks that they contain some serious systemic risk. folks, this is getting … Continue reading “DB (Deutsche Bank) House of Cards?”

DB .. KEY BUY PATTERN in work … like I said at the Chart Summit “not sure which work and which don’t” (pattern)

Deutsche Bank – they hold the largest amount of systemic risk in the global banking environment. As discussed at the Chart Summit I love failed patterns.  We have a BUY PATTERN appearing below on DB … if it holds, breathe a sigh of relief and a move upward ‘should’ occur and that ‘should’ relieve pressure … Continue reading “DB .. KEY BUY PATTERN in work … like I said at the Chart Summit “not sure which work and which don’t” (pattern)”

DBA – be patient, now let’s follow up to the follow up

12/25/2016 – if you look closely at the 19/60 level the symmetry shows the potential for a double bottom.  However, w/ a daily close below 19.60 it looks like DBA just isn’t ready.  All the way down in/around 13 is the next BIG PATTERN.  However, you can see the 17-18 level might offer a long … Continue reading “DBA – be patient, now let’s follow up to the follow up”

don’t worry DB – Shake Shak, TWTR, FB, Chipotle will save you … ugh.

09/15/2016 – does anyone care that 1) DB is below the 2009 lows AND 2) it’s the largest holder of Derivatives (the financial time bombs) in the WORLD and 3) it’s the largest bank over in Europe which is tattering on financial collapste? Nope, nobody really cares … TWTR, FB, TSLA, AMZN will save the … Continue reading “don’t worry DB – Shake Shak, TWTR, FB, Chipotle will save you … ugh.”

Polarity on DB

06/02/2016 – Triangles – look SO GREAT after they complete. when your in the middle of one (reference daily/weekly EURO vs USD) you get chopped up and frustrated till you erase your chart and then the c-d-e legs appear.  then it’s simply so hard to wait for “e” to complete but you have to …the … Continue reading “Polarity on DB”