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USD vs JPY YEN update
Posted on September 8, 2014 Leave a Comment
CLIFF NOTES: was looking to buy in the blue shaded area around 98. Obviously, it held the 101 handle and appears to be off to the races. I am going to watch the 107.11 area for big resistance and then look to BUY a pullback. Not sure of the level to look for a buy […]
Musical Polarity and having fun w/ Voo Doo EURO waves
Posted on September 4, 2014 Leave a Comment
If you read this blog you know that we’ve been a dollar bull, for a while. Great … how do you make money from that? Do you simply step into the fray and short the EURO right here right now OR do your rules require you to wait for a PATTERN to appear … my […]
Putting up a good fight …
Posted on September 2, 2014 Leave a Comment
09/02/2014: hard to believe it’s basically been 6 months since we looked at this LOG trend line from the NASDAQ but here we are again. It’s certainly giving it a good run for the money isn’t it? Well, I’m not sure which way it’s going to go but i do believe it’s “important” as some […]
Here’s what a PRICE EQUALS TIME trend line looks like …
Posted on September 2, 2014 Leave a Comment
in the world of numbers … well, they (being the numbers) don’t care about decimal points. A new friend and extremely talented CMT recently twittered that the bull market is 66 months old. if we simply move a decimal point we get 666 which was the low and we also get 2006 days ago at/around […]
Inflection point for bearish or bullish EEM / FXI now
Posted on August 30, 2014 Leave a Comment
August 30, 2014: the CLIFF NOTES is we are at a crucial point for the EEM, FXI and Copper. Patterns suggest a bearish stance is prudent. The bottom line is the neckline shown in FXI and EEM did not break and a very strong rally has taken place. That being said, BASED ON THE VERY […]
Social Media Strategy ($SOCL)
Posted on August 29, 2014 Leave a Comment
08/29/2014: social media is REAL, it makes a DIFFERENCE and it is developing business models that are changing the landscape. I believe in this space …however, all that being said – I believe in PATTERNS more! 🙂 So, throughout 2014 I have been watching the $SOCL mutual fund. (please see: http://money.usnews.com/funds/etfs/small-cap-funds/global-x-social-media-index-fund/socl for more detailed information. It’s […]
JPM updated w/ a SELL pattern complete
Posted on August 29, 2014 Leave a Comment
August 29 2014: when we use PATTERNS on weekly and monthly charts PATIENTS is a must. If you take a look at the thread below, the JPM PATTERN was identified back in November 20013 and then didn’t hit for 4 months. It hit, perfectly, and fell roughly 20 percent. The rally has been roughly 203 […]
Interest rate forecast …updated
Posted on August 28, 2014 Leave a Comment
8/28/2014: the 2.358 level did not hold. In fact, in the way I look at the market, the PATTERN caused the gap. the gap below the pattern is a big deal. I’ve shown the projection/pattern that “caused” the low at 2.322. right now, looks like our low back on August 15, 2014 will be attacked. […]
Fractal Present on the Utilities – check it out
Posted on August 25, 2014 Leave a Comment
August 25, 2014: CLIFF NOTES: please see below to understand the importance of our recent high at 577. The long term PATTERN from the all time low completed. Now, we have the beginning formation of the trusted and true head and shoulders pattern on the DJ Utility Index. Why is this important …? Well, look […]
