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anyone else notice the GAP DOWN in Fed Fund Futures?
Posted on November 4, 2015 Leave a Comment
I will claim, right now, to have ZERO IDEA or INTEREST what fundamentals drive interest rate policy. Not a clue. However, I will claim to be able to read charts to manage risk. Am I “right” every time … well yes, because I know where I’m wrong every time (TILT) because I’m a pattern dude. […]
$WFM …
Posted on November 3, 2015 Leave a Comment
I enjoy listening to JC Parets (@allstarcharts) (www.allstarcharts.com ) as he’s entertaining as hell and also knows his stuff. I blame him for getting me blogging and haven’t looked back since …he’s introduced me to blogging, google hang out, twitter and now periscope. today, was doing some emails and “periscope” popped up that he was […]
posting w/ the crew @seeitmarket with regard to $INTC
Posted on November 3, 2015 Leave a Comment
Intel Stock Price Outlook (INTC): Overbought But Bullish
Natural Gas – another look
Posted on November 1, 2015 6 Comments
folks, the foldback failed .. it sure was a pretty set up down at the very very low price. I’ve thrown a count up there and not too confident of the first part (the left portion) but what I do feel very confident about is the subdivisions of the current wave – which I have […]
$DIS (Disney) short set up
Posted on November 1, 2015 Leave a Comment
I know, shorting Walt Disney World ($DIS) is probably un-american but just calling it like I see em’ … Below you’ll find a chart showing the parabolic lift off of $DIS. Note, the Adams Pitchfork. I made the lower point equal to the all time low and that provides the geometry for “copy” and then […]
Meanwhile, ABX is hanging in there …
Posted on October 30, 2015 Leave a Comment
can see a mintor 5 wave move up from current levels. IF this is BULLISH THEN we should not break the lows at 6.00. go to the site and “search” ABX .. you’ll see I’ve watching the 6-7 level closely for a while. need some THRUST and MOMENTUM to get this thing going ELSE it’s […]
SBUX and Coffee Prices …update 10/30/2015
Posted on October 30, 2015 Leave a Comment
Update 10/30/2015 – $SBUX continues to move in a parabolic fashion. However, as you’ll note below, we have hit the first target on the SBUX/Coffee Futures ratio. There are still some higher targets a little above this BUT this run in SBUX should be coming to an end. With that in mind, would recommend waiting […]
Parabolic Velocity ….and $MO
Posted on October 29, 2015 Leave a Comment
spent some time in the Navy and, one time, we (two seat Tomcat) decided to “see how high we could get from sea level” off the coast of SOCAL. So, we lit the afterburners and got going pretty fast and then the pilot smoothly pulled back on the stick and very soon we were pointing […]
why I don’t think were out of the woods yet …$NYA
Posted on October 28, 2015 Leave a Comment
so, I follow the $NYA. it consists of everything and YES it did open/close above the pattern in/around10415 we now have another level approaching which is a bearish sell pattern. (see highlighted blue rectangle) IF we get thru there w/ a daily close THEN I’ll throw in the towel w/ regards to another leg down. […]
the current market conditions and the AUDJPY – update
Posted on October 21, 2015 Leave a Comment
10/21/2015 – I’ve been asked what I think of the market of late …I’ve answered I have no idea. I see some patterns that suggest YEN strength across multiple currency pairs – and no it isn’t the USD vs JPY. That’s ugly. EURJPY, GBPJPY and my favorite AUDJPY appear they are willing to crack to […]