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Let the market tell you – EURO quick look
Posted on September 19, 2014 1 Comment
CLIFF NOTES: follow the black dotted line to see where the major level has been for the Euro. Then, follow the orange line. Additionally, note a nice little cycle coming in at 778 days. We are off by a week, but that’s OK and – quite frankly – the reason is a little too esoteric […]
Would you SELL or BUY this chart?
Posted on September 19, 2014 2 Comments
Been active on Twitter and for my readers about some cycles hitting and square outs occurring and, well, blah blah blah. So as any technician is EXPECTED to do when the PATTERN has failed pretty dramatically, I hit “erase all” and went back to work. Asked myself … so, if the PATTERN SELL has failed […]
the Great British Pound Rules of Engagement for 9/18/2014-9/19/2014
Posted on September 17, 2014 Leave a Comment
Joe Dinappoli once told our seminar … your either going to build the boat OR sail it. Choose one …what he was trying to say is your either going to TRADE or your going to put out research. No one side is better than the other …I’m of the mindset that in order to TRADE […]
Palladium liquidation and NASDAQ
Posted on September 17, 2014 Leave a Comment
9/17/2014: this correlation is pretty strong and Palladium hit our target exactly and has been being liquidated heavily in the past month. Keep an eye on either 1) Palladium finding support to build momentum for a move higher in NASDAQ OR 2) drag the NASDAQ down w/ it. Let’s face it … ain’t NO WAY […]
bunch of cycles coming together …but who cares
Posted on September 17, 2014 Leave a Comment
how many institutions are there out there ….? perhaps 30-50K? and, if you think about it they own 10MM+ shares of the big names. the “big names” have, on average, say 5MM shares / day traded. so, what happens if they try to get out of a non liquid market that has been manipulated by […]
Dow Jones Transports – almost parabolic.
Posted on September 17, 2014 Leave a Comment
September 17, 2014: below you will see some of the continuing work I have done on the transports. Quite simply, an incredible move … there are, however, some things we can learn from this from a PATTERN perspective: my “job” as a PATTERN chartist is to do my best to find the patterns and then […]
Carrier Aviation Strike Planning and Investing …
Posted on September 12, 2014 2 Comments
Have seen the recent TWEETS by my friend and fellow blogger JC about Gasoline Futures and, while I don’t trade it, I am interested in it so I thought I would give it a shot … let’s face it, I owe JC a lot because he got me blogging a little over a year ago. […]
Wheat – pattern from the 1970’s complete
Posted on September 12, 2014 Leave a Comment
CLIFF NOTES: charts below show the SAME PRICE PATTERN from 1970 is complete … we do have some pretty BIG candles going into the level so “waiting” and letting the market prove it is advised. That being said – we have bullish divergence on a weekly basis and we have a PATTERN complete so put […]
Chinese Yuan Pattern complete ….
Posted on September 11, 2014 Leave a Comment
09/11/2014: for all intensive purposes this BUY USD vs CHINESE YUAN pattern is complete … WATCH this closely as we continue to monitor the GLOBAL flow of funds. I’m not a fundamentalist (I have nothing against it, I’m just not smart enough to understand it – remember – I draw pictures w/ crayons) but […]
Interest Rates – Patterns suggest higher
Posted on September 11, 2014 Leave a Comment
Here’s my latest post for @seeitmarket on Interest Rates : http://www.seeitmarket.com/10-year-treasury-yield-patterns-higher-rates-13763/ Let me know if you have any questions. Bart