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TWILIO (TWLO) and the Vesica Pisces

Twilio geometry points to a potential top

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the XLP / NASDAQ ratio complete a BUY pattern ..

if you have been following me for a while you will know that I really trust PATTERNS and also ratio’s w/ the patterns. in this case, we have a near PERFECT BUY pattern on our XLP/NASDAQ ratio. Which means, the Staples (a source of risk off for the institutions) ‘should’ start outperforming the NASDAQ from […]

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NYSE Index Targets

Well, the support level shown in my last post was defeated on Friday. We also closed ‘below’ old resistance so it looks like ‘polarity’ didn’t work here. All I’m trying to do is find the ‘bounce’ area as cycles suggest into end of January/early Feb. So, here’s some targets on the NYSE Index that I’ll […]

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Big Support on NYSE Index

‘hope’ – a strategy – it holds for now.

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NASDAQ – huge trend line support being attacked

12/16/2018 – take note of the MONTHLY LOG scale on the NASDAQ Composite.  I’ve outlined 3 critical areas to monitor on the chart.  Also, you’ll see in the second chart that back last March we ID’d the 7600 ish area as the target zone.  The market went another, roughly 5% and then ran into another […]

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WATCH THE RATIO’s

12/16/2018 – as shown before, the ratio of XLP (Staples) / NASDAQ and the PATTERN that completed gave us fair warning of this correction we find ourselves in .. is it the beginning of the ‘next’ bear market. I have no idea. Is it just the ‘buy the dip’ – I have no idea. I […]

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Banks

12/16/2018 – the banks lead us up and they lead us down.  note the polarity shown in/around 84. Also, we have 4 ratios coming in around 79-80.  Then we have the 76 polarity level. my ‘expectation’ is that these levels hold for support on the banks which breathes some life into stocks.  also, note the […]

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MSFT vs AAPL .. the great rotation

MSFT / AAPL – note, long term LOG scale and it appears that MSFT (from a relative strength perspective) has broken out this month … now, this does not mean that the MSFT stock won’t go down – it simply means – from a relative strength perspective – it appears that MSFT is the ‘stronger’ of […]

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