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$BABA
Posted on September 29, 2015 Leave a Comment
Folks, what a battering for $BABA. The entire world that bought the largest IPO in history has been underwater since basically February 2015. Perhaps, only probability here, their fortunes are about to change (pardon) the pun … You can see below we have some nice MATH = MUSIC= VIBRATIONS coming into play 50-52.
post w/ the gang over @seeitmarket about Germany and some more …
Posted on September 29, 2015 Leave a Comment
the “powder keg” in this global, interconnected financial world appears to be Germany w/ $DB woes and Volkswagon and a bunch of debt. here’s a post about that: German DAX Weighed Down By VW Scandal And DB Concerns over in the states we also need to watch a very key level in the JNK ETF. […]
Aussie vs USD updated – part 3
Posted on September 27, 2015 Leave a Comment
09/27/2015 – no pattern, no investment. big old move back down but am not in yet. have to wait for a pattern because ONLY then can I manage how much risk to take. sure looks heavy, but I see a BIG MONTHLY measured move at 6894 low. So, we’ll wait …also, gasoline futures haven’t made […]
the “Willie Willie” ,Derivatives and Deutsche Bank
Posted on September 26, 2015 2 Comments
One of the things REQUIRED before flying was to check the weather. Makes sense, hugh? One day, we checked the weather and, well, there was a “Willie Willie” or weather warning for our local area for when we were going to be landing. News flash, don’t go flying…..BUT (always the “but” rebuttal) we HAD TO […]
if you want to know what’s going to happen, read this post.
Posted on September 26, 2015 Leave a Comment
update as of 9/26/2015 – so far we have not taken out the high of the pattern on the XLP/S&P ratio. if we close above the level indicated on a weekly basis, then become very defensive in the coming days/weeks. so many people are talking about the FED … who cares, really. I […]
$PCLN and a potential mirror image fold back
Posted on September 25, 2015 Leave a Comment
have blogged about “mirror image foldbacks” before … when they work they are truly amazing. do a “search” for Mirror Image Foldback on this site and you’ll see the work. right now, it appears the Natural Gas Mirror Image Foldback is at risk of feeling … other than that, most have worked. here’s the picture […]
USD vs JPY gameplan
Posted on September 20, 2015 Leave a Comment
note the blue triangle – finished a BUY pattern after breaking the support … IF this is a correct view (the a-b-c-d-e triangle completing the 4th wave) then prices should not go back up above “e” and we are in a “corrective move” up for more weakness to follow. once prices start back down (if […]
Aussie vs USD updated
Posted on September 20, 2015 Leave a Comment
09/20/2015 – target zone was “OK” at holding back the AUD vs USD advance. (the FED craziness rolled thru it by 30 pips) but it did stop at the .707 retracement level – exactly. .707? (2, square root of 2=1.4142, 1/1.4142 = .707) so, the current form, proportion and harmony tells me “lower” so I’m […]
ABX update
Posted on September 20, 2015 Leave a Comment
well this puppy is a dead cat, hugh? here’s some former posts on ABX – https://bartscharts.com//?s=abx note the current price action on a monthly log chart – low, open/close, current “high” for the month close all at the level were targeting….guess if it blows thru here it could go down below a buck? watch this […]