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the method behind finding the EXACT top in IBB
Posted on August 2, 2014 Leave a Comment
08/02/2014 – IBB has completed a PERFECT buy (price and time equality) PATTERN and believe the result will, more than likely, give us a good flavor for the rest of the equity market in general. Why? Well, this was a PARABOLIC move and if it keeps going then the “overall” mindset of the equity market […]
EURO Continued
Posted on August 2, 2014 Leave a Comment
CLIFF NOTES: per our last post, the EURO found support in the area we were watching. (note – it went a little below so what I did is use the equal octave scale of music note A – 1.68179 extension and .68179 projection for the “exact” level where the pivot took place.) Now, believe this […]
USD vs JPY redux
Posted on July 30, 2014 Leave a Comment
folks, I’ll say it once, I’ll say it again … PATTERNS PATTERNS PATTERNS. Check out this post on the JPY and then compare everything that has happened … they help you manage risk and therefore they work: relative strength of GOLD vs the USDJPY importance so, where are we now? let’s take a peak. first chart […]
WMT / NYSE Index Ratio and the KEY support
Posted on July 30, 2014 Leave a Comment
CLIFF NOTES: patterns exist on the ratios/we use ratio analysis to look for sector rotation and when the RATIO’s inflect there are usually inflection points. We are at a key level in the WMT / SPX ratio. Also, I added the NYSE Index overlaid. Note EVERY HIGH AND LOW was at this ratio’s SUPPORT and […]
levels on the dollar index
Posted on July 29, 2014 Leave a Comment
CLIFF NOTES: UP to 81.40 down to 80.80-81.00 up to 81.80.
EURO should find support now or soon …
Posted on July 29, 2014 Leave a Comment
CLIFF NOTES: support to come and then get short this bounce. follow along …
Silver Update July 2014
Posted on July 28, 2014 Leave a Comment
CLIFF NOTES: the move up since early June went higher than expected and, for the first time since the low at 8 I have to reevaluate if a low is in place or we will go down to my long standing 14/0z. so, in order to do that and to watch in real time as […]
IWM revisited
Posted on July 27, 2014 Leave a Comment
Folks, sorry for the delay but was on the Outer Banks w/ family and ZERO access to email, VM, texts and NO cell phone … recommend it if you get the chance! 🙂 That being said, I did get my daily fix on the markets thru Fox Business or CNBC and laughed to myself w/ […]
S&P 500 cash square out
Posted on July 17, 2014 Leave a Comment
TIME = PRICE and PRICE = TIME. 1959 days ago was the LOW in March 2009 … we closed today below by 1 point (OK, work w/ me) that is a square out … simply put at any given point in time/space the market “should” be at a certain number … when “crashes” occur or […]
DBA – be patient
Posted on July 12, 2014 2 Comments
the commodity markets are ROCKING AND ROLLING w/ regards to Corn, Soybeans and Wheat …. so, I don’t know ANYTHING about the inner workings of the grain market but I do know MEASURED MOVES and look at some of the beauties on Corn, Wheat, Soybeans. If we look a the “money manager” bets in the […]