Luke 12:7 – October 20, 2023

Are we being punked …?

Think about it … this is NOT a political statement.

If you have received EVERY booster GREAT. That is your CHOICE.

If you have not taken any COVID vaccine then GREAT. That is your CHOICE. (kind of)

So, in the midst of the calamity that was 2007-2009 the market (S&P 500) stopped at 666. OMG the number of the beast, the OMEN, the blah blah. But, no doubt a pretty “big” number in regards to humanity and our condition existing in this 3D holographic GAME. But, even more crazy, is the relationship of geometry and the fact that, the ATH was a projection using the Euler number. Something embedded in the Vitruvian Man by Da Vinci thanks to your work Mr. Robert Edward Grant.

What’s funny is I had used the Euler number projections before Mr. Grant explained the unbelievable importance of this number to me … but, wow, w/ everything he is uncovering and discovering w/ regards to THE language of geometry and numbers, this is pretty darn amazing.

Additionally, in the chart below, where did the CRAZY correction that occurred during COVID go down to? Well, of course the “neutral” or “equality” point or, perhaps the balancing point between the male and female energies? The “geometry” or “measured move” of the price move AB=CD is where the correction went …

Seriously folks … the bread crumbs are EVERYWHERE.

Anyone ever look at the ATH in the LOONIE vs USD? High was 1.618

So, now, I think anyone who had a pulse during the past couple years would say that Pfizer (PFE) has played a MAJOR role in the COVID-19 “experience.”

Again, THIS IS NEUTRALITY FOLKS – your consciousness experience determines if PFE is on the GOOD or the OTHER scale.

All, I’m saying is the game – ONCE AGAIN – reveals itself. PFE topped at a PERFECT pattern completing … at 61.8

or … .618.

FOR THOSE WITH EYES TO SEE.

Good weekend to all …

10 YR rates – October 18, 2023

The TLT trade at 84 https://bartscharts.com/2023/10/13/tlt-october-13-2023/ coincided to the day w/ Uranus moving 84 degrees helio. From an astrological perspective, degrees of movements of Uranus are important for bonds/fixed income – or so I am told. 😉 The chart appears heavy and certainly thought it would close below and keep rolling but .. it lived, for now. honestly, not too bullish on it but what do I know. But, that started to change when I went and took a peak at the 10 year interest rate chart – $TNX.

The bonds are in a complete route … that being said, I’m trying hard to not look at the fundamentals because 1/ I don’t understand them and 2/ I’m just a simple pattern guy.

We have confluent technical indications that the bond route “should” be coming to an end, for now. I know there is no justification for this from all the talking head pundits … but I’m just looking at the chart.

  1. A pretty clear Elliott Wave count showing we are in a 5th waves and it sure could be complete.
  2. A weekly bearish divergence in the RSI from the last peak. Yes, it’s not a lot, but it has “not” exceeded the last peak.
  3. Two 1.618 extensions and the most important one being from 5 years ago. They overlap almost exactly. The last one, well, that’s from the wave 3 high and, that one lies exactly on top of the first. NOTE – both of these highs we used the extension from topped in October …
  4. Mr. Measured Move – blue arrow
  5. Some other stuff

So, this is looking as the first “real” opportunity to stop this runaway train of rates … but, this train WILL GET GOING AGAIN as I’m counting this as the first wave completing/completed in a 5 wave sequence. (remember folks, wave 3 can’t be the shortest, so get ready. now that doesn’t mean it has to be long as wave 1, then it can’t be shorter than wave 5.) The characteristics of the 3rd wave usually mean that it will equal or exceed wave 1.

To put wave 1 in perspective from a percentage move it has just been a 1,483% rise in interest rates since the low. IT IS JUST GETTING STARTED.

If we blow thru this level – and, of course, why not – then it’s pretty conceivable that we could roll all the way up to the .382 from the 1981 high in interest rates. What do you know?

Gold – October 15, 2023

Last post on Gold: https://bartscharts.com/2023/08/16/gold-august-16-2023/

I did NOT get filled on my resting buy order for Gold. Will now try to work into a LONG Gold position.

If this count is correct, Gold is off to new all time highs in a 5th wave …the 3rd wave of this 5th wave is, more than likely, just starting.

High Yield Index – Option Adjusted Spread – September 21, 2023

My good friend Jerry over at https://growmytsp.com/ sent me a chart over last night and, using basic measured moves, you can see the “rhythm” and moves of this index. Since the low in 2022, it’s been the same percentage move UP and same percentage move DOWN. (green lines = up and red lines = down)

We are at, or perhaps a little lower, pretty significant support …

why is this important .. I’m not gong to bore you w/ fundamental analysis about credit spreads and all that when a picture paints a thousand words …the picture below is saying “when I bottom, the S&P tops.”

Junk Bonds – September 21, 2023

Last post on JNK: https://bartscharts.com/2023/08/16/jnk-august-16-2023/

On the daily chart below the JNK gapped down today and closed below (daily) the two trendlines we have monitoring. On the “good” and “other” scale this is an “other.”

That being said, the REAL trend line that is CRITICAL is the second chart … a daily close below that and we might have the nascent beginnings of a credit event on our hands …

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