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buy your shirts now … Cotton getting ready to explode
Posted on December 16, 2014 Leave a Comment
Wrong below 54.45 ….picture paints a thousand words. Two charts so here’s two thousand words.
Palladium SELL pattern complete – AAPL to follow?
Posted on December 15, 2014 Leave a Comment
Attached is the chart of the Palladium pattern completing ….a slight modification to the wave count but our target area for Palladium has been hit and the selling has started to increase. Palladium has been the strongest. Feel free to read below for more detail. When looking at any security, I […]
German Dax “Voo Doo” is a wonder to behold …
Posted on December 14, 2014 Leave a Comment
Below is the post that I did on the German Dax and the fact that so many PATTERNS were coming into play. I spent this morning going thru this post and I just felt the need to post it again. Why? Well, as you know I have NEVER taken an economics or business course. I […]
Emerging Markets (EEM) to strengthen ..
Posted on December 6, 2014 1 Comment
If you go out to a longer term look at the S&P vs Emerging Market (denoted by the ETF EEM) you’ll see that the S&P has been on quite a ride of strength versus this asset class. Here’s what I see … 5 waves down from the top and the 5.20 (ratio level) as being […]
most important chart to end 2014
Posted on December 6, 2014 5 Comments
Folks, there is a major global move occurring in the biggest market in the world – the FX market. Not only is the YEN,RUBBLE and EURO simply crashing the Chinese Yuan continues to weaken against the USD. This is a big deal and should be watched closely. We’ve been blogging about it for a while […]
quick look at the YEN and the Nikkei 225
Posted on November 29, 2014 Leave a Comment
I’ve seen the catch phrase – “it’s raining YEN” and, well, it certainly has…folks, believe it or not I got stopped out around 77.5 on the USDJPY. What a game, what a game … Anyhoooooo …. couple YEN things: 3 drives to a top pattern present on the NK225 continuous futures. USDJPY – a STRONG 5 […]
the case for $170 oil ….
Posted on November 28, 2014 Leave a Comment
one chart – the only thing wrong w/ this chart is the length of the data. “wish” I had longer time frame oil prices. however, based on that I put together this count. rules: 2 can’t go below the origin of 1: check. 3 can’t be the shortest: check 4 can’t go below 1: check […]
Chinese Yuan … decline continuing?
Posted on November 28, 2014 4 Comments
Per Bloomberg.com a couple hours ago: China’s one-year interest-rate swaps completed the biggest weekly drop in four months after the central bank cut borrowing costs and stopped draining funds in open-market operations. The People’s Bank of China reduced its benchmark rates for the first time since 2012 a week ago, supporting growth in an economy […]