Uncategorized Category
$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 […]
when the big boys eat soup volatility rises ….
Posted on September 19, 2015 Leave a Comment
Below the two dashed lines is a post that I did 2 years ago – almost to the day. Pretty amazing …some would call it synchronistic. I’ll just leave it at that … Personally, I enjoy my Saturday and Sunday morning’s w/ a cup of coffee. Nothing going on, put a little Pandora on the headset […]
the JPY and a “high probability” 4th wave triangle … not good for stocks
Posted on September 17, 2015 Leave a Comment
Folks, going to point you to a post that my “boy” ( he says that a lot, not sure why – must be a Cuban thing?) wrote about the YEN and it’s importance to the US Equity Market: http://allstarcharts.com/why-yen-is-the-most-important-chart-for-us-stocks/ . If your not one of the 50K+ following him on stock twits you should. When […]
if you want to know what’s going to happen, read this post.
Posted on September 16, 2015 Leave a Comment
so many people are talking about the FED … who cares, really. I have no idea how they set rates, no idea of PPI and CPI and no idea about any of the fundamentals. nope .. I just know patterns and when combined w/ ratio analysis I don’t need anything else. this is an update […]
Trend lines ….the real way
Posted on September 16, 2015 Leave a Comment
If you want to draw “real” trend lines then it’s imperative you have a good place to start … the key w/ trend lines is “LINING THEM UP W/ THE PLANE OF THE CHART .. the chart doesn’t go just UP and DOWN. It goes according to vector math w/ an X/Y (it also has […]
Aussie vs USD updated as of 09/16
Posted on September 16, 2015 Leave a Comment
09/16/2015 – thus far, the AUSSIE vs USD has gained roughly 300+pips. We’re close (depending on Friday) to putting in a weekly Signal Reversal Candle. It’s where the HIGH of the LOW candle (weekly) is taken out by price. w/ the FED meeting tomorrow, expect volatility to come into play and will be looking to BUY […]
