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when the big boys eat soup volatility rises …. BOINK
Posted on November 4, 2015 Leave a Comment
11/4 – BOINK. target hit … support here means “institutions” are getting conservative. Hmmmmm, something to watch. Here’s the comparison w/ the $NYA. Note how they are INVERSE. When the blue line ($NYA) is going UP the ratio goes down and when the ratio goes UP the $NYA goes down. We’ve hit big time support […]
Parabolic Velocity ….and $MO an update ….
Posted on November 4, 2015 Leave a Comment
11/4 – update. again, I don’t even know what the Altria Group Inc. does … but I do know that parabolic velocity can only hit a certain Ps=0. What the hell does that mean? Well it’s the VN diagram when fighting a high performance fighter. You see at ANY given time in a fight […]
$WFM …update
Posted on November 4, 2015 Leave a Comment
WFM – as of earnings release went into the pattern zone and bounced back up … still didn’t hit the 5627.20 level so perhaps a down opening and then bounce? target at 25.99 … don’t risk much here if trying to play long. I enjoy listening to JC Parets (@allstarcharts) (www.allstarcharts.com ) as he’s […]
WMT – heads up support area approaching
Posted on November 4, 2015 Leave a Comment
Just a heads up … were “there” or “close” w/ regards to potential WMT support. Here’s the picture of $WMT in 2013 – sure looked, at the time, we were finishing 5 waves and the circle area was the target area for a “potential” top. Target was hit and yesterday the move rally began. […]
$PCLN sell pattern complete – FAILED PATTERN
Posted on November 4, 2015 Leave a Comment
Folks, this mirror image got smoked. Much like the mirror image for Natural Gas … the mirror images fail at the inflection points and $PCLN has rolled thru the pattern. ERASE … ERASE…ERASE. Where are we now? Well, if we look at the candles you’ll see the 2nd largest monthly candle since the IPO occurred […]
Dollar Index .. on it’s way
Posted on November 4, 2015 Leave a Comment
you know what, we might be surprised at how big this coming run is going to be for the dollar … make no doubt, the next rise has begun. if your already in, stay in. if your not, believe we’ll find some short term resistance in/around here for a pull back to 96.50 or so […]
this takes time to digest … slow down and read/study it
Posted on November 4, 2015 Leave a Comment
CLIFF NOTES: the market has rallied since the August lows … this move up is impulsive which give probability to the bulls that were going to continue. that being said, SELL patterns are present as of the past couple days so I expect resistance or a churn for the next week. In looking at […]
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
Bart's Charts 