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continuing to follow the USD vs JPY YEN …
Posted on September 7, 2015 Leave a Comment
here’s the longer term look at the USD vs JPY. note – we missed, by a few pips, the largest corrective move since the bull market began in 2012. also, you’ll see the 1/8th projection method taught to me by my friend and mentor, Mike Jenkins. this most recent correction has been bumping all over […]
the YEN, the S&P 500 and the world of ‘if – then’
Posted on September 5, 2015 3 Comments
my friend and fellow chartist and trader did an awesome post on the JPY and the US Equities: http://allstarcharts.com/its-the-yen-stupid/ below is a chart (intraday) showing the strong correlation … so …IF THEN .. IF the correlation remains intact – probability is it does but you never know THEN a BUY pattern appearing for the USD […]
rates ..
Posted on September 5, 2015 1 Comment
watch for a WEEKLY closing below to signify the 5000 year low in interest rates is over. key folks …make it easy and don’t listen to all the talking pundits.
WMT set up …slow down and digest the logic… this is important, I think
Posted on September 1, 2015 Leave a Comment
BUY WMT (?) note – measured move ( in price and time), polarity and an extension target …. needs to stop here and start back up, IMHO. we are also sitting on a former resistance zone of 15 years folks .. if break down from here – we’ll call that a “what’s the fighter thinking” […]
grab a ticket .. having fun w/ the gang @seeitmarket
Posted on September 1, 2015 Leave a Comment
MR TOADS WILD RIDE … the magical mystery tour! http://www.seeitmarket.com/are-the-financial-markets-turning-into-mr-toads-wild-ride-14713/
man, can you imagine be SHORT the VIX? Ouch ..
Posted on August 29, 2015 Leave a Comment
SVXY is a short the VIX ETF. it has crashed. ouch. anyway, wanted to show you a VERY powerful and simple PROJECTION technique. On a “MONTHLY” chart use the first Signal Reversal Candle (the high of the low bar is taken out on close for UP and vice versa) and subdivide it by 1/8ths. My […]
Super Full Moon Going into Close tomorrow
Posted on August 27, 2015 Leave a Comment
Super Full Moon going into the close tomorrow … the only thing I’ll point out is 1) it’s going to be volatile (up or down) and we have a sell pattern on the NASDAQ shown below. What does this mean? Simple folks…it means I know exactly where I’m wrong. If PATTERN works then NASDAQ […]
Dow Jones Industrial Average – SELL pattern complete
Posted on August 27, 2015 4 Comments
the markets reaction in/around this level will give us a heads up for the next directional opinion (IMHO)
When PATTERNS fail, they almost always come back to touch it and then CONTINUE (UPDATE)
Posted on August 27, 2015 Leave a Comment
UPDATE: is “I’m not sure, but suspect” good enough? We went thru the level and closed below it BUT the next day moved strongly higher. A weekly close above the old pattern is good but my perspective is these old patterns work – pretty exactly. plus, it looks like we aren’t complete from a wave […]
Lions and Tigers and Bears Oh My – XOM Monthly
Posted on August 27, 2015 Leave a Comment
folks – I am sorry that I didn’t post this earlier as this ranks up there as a “no brainer” in my simple mind … the ENTIRE KEY is the square root target IF square root targets lie on top of 3 Fibonacci retracements and a measured move then Lions (square root target), Tigers (measured […]
