Uncategorized | Bart's Charts

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 […]

NFLX update

Posted on April 30, 2014 Leave a Comment

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 […]