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BUY pattern on the NASDAQ
Posted on May 7, 2014 Leave a Comment
CLIFF NOTES: we have been in an amazing trend for the past 5 years and now we have a very nice BUY pattern appearing on the NASDAQ. As we all know, the trend is your friend till it ends so .. if BULLISH then the 3977-3995 level should hold for another leg up. If you […]
gameplan for the long bond structure …
Posted on May 5, 2014 Leave a Comment
CLIFF NOTES: if you look at the chart below, you will see an inverse head and shoulders pattern that had it’s genesis almost a year go – 07/2013. Just recently (the past 3 trading days) we have broken from this neckline ….price on the bonds should start up. Here’s the gameplan — expect the 137 […]
monitoring this ratio closely …
Posted on May 4, 2014 1 Comment
CLIFF NOTES: sector rotation is a fact of life …we’ve shown how the institutions follow a well defined script and how, usually, energy is the last shoe to drop before the inevitable correction (it’s different this time) occurs. ratio’s are important because they show relative strength of something versus something. In this case, we have the XLP (consumer […]
Dollar Index … again. Look at this chart … U G L Y.
Posted on May 2, 2014 Leave a Comment
Cliff Note: the BUY pattern worked and then, well, it didn’t? Some WILD SWINGS in the currency markets. the Gorilla’s were/are definitely juggling dynamite. One of my RULES is that I NEVER trade on non-farm payroll days. Just sit on my hands … bet a lot of people went long $$, then short $$ then […]
Dollar Update
Posted on May 2, 2014 1 Comment
CLIFF NOTES: the dollar has gone up – strongly — at the BUY pattern. While this is good, for now, as you will see below here will be the real test (IMHO). Here is the last post on the Dollar Index: https://bartscharts.com/2014/04/30/the-dollar-index-is-at-a-very-crucial-and-critical-level-at-79-45-79-47/ I have labeled the potential count occurring if dollar bull thesis is correct. I […]
TBT update …
Posted on May 1, 2014 Leave a Comment
CLIFF NOTES: have added the time component to the chart. NOTE the blue rectangle of the last correction (08/2012-05/2013) and how that correction is exactly the same tomorrow. Expecting 62 to hold for resumption or at least a bounce. If not, a big sell off should occur… last post: https://bartscharts.com/2014/04/27/tbt/
the dollar index is at a very crucial and critical level at 79.45-79.47
Posted on April 30, 2014 3 Comments
CLIFF NOTES: I have been a dollar bull for almost a year now and while price has made higher highs on the longer term time frame, it sure looks sick on a daily. So to the drawing board I have gone …and, while you will see a very nice an orderly count down into 5 […]
Home Builders relook …
Posted on April 29, 2014 1 Comment
CLIFF NOTES: can see why this current level is important using Adams Pitchfork Method. The Head and shoulders shown in the post below never materialized by breaking the neck line and we rallied a buck or so higher. Still looking for this to be an “end of move” pattern … And I’ll Huff and I’ll […]
about the zone of 113-120 being a potential top in IWM ….
Posted on April 28, 2014 Leave a Comment
IWM: https://bartscharts.com/2013/11/26/iwm-what-a-perfect-set-up/
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