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JPM Voo Doo – redux
Posted on December 26, 2014 Leave a Comment
Folks, we have now closed above the PATTERN level. If we get thru 63.63 on a weekly close then this PATTERN has failed and JPM is off to the races. Again, this is a MONTHLY PATTERN. When they fail … things really take off. WATCH CLOSELY! Folks, almost a year ago this pattern was […]
US Steel (X) needs to hold current levels
Posted on December 24, 2014 Leave a Comment
Update: as you can see from the chart below, X did return to the breakout level (31.19) and bounced nicely. However, it has since broken down back below. I’m not that troubled by this event because it’s tracing out a very nice 3 wave corrective move that has, as of this blog post, completed. Additionally, […]
See It Market
Posted on December 21, 2014 Leave a Comment
Folks, been given the opportunity to work with and for Andy @seeitmarket and wanted to drop a link to some of the more recent posts that I have done on that site. check this out when you have the chance … http://www.seeitmarket.com/author/james-bartelloni/ quite frankly, the contributors at that site are some of the best in […]
HD update …
Posted on December 21, 2014 Leave a Comment
Updated chart of HD posted below. Summary, as discussed in old post (#ouch) the 102-106 region now coming into play. Also, notice that Forest Griffin is smiling even though he got punched a few times. Manage risk folks, manage risk. Cliff notes: major pattern from all time low on HD got smoked at […]
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 […]
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