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JPM updated w/ a SELL pattern complete
Posted on March 23, 2014 3 Comments
in November 2013 we targeted this area as a SELL pattern: JPM beautiful sell pattern much like the movie Inception w/ the dream w/in a dream w/in a dream concept we also like PATTERNS to behave in the same manner. a pattern w/in a pattern w/in a pattern. all this does is increase the probability of […]
around the world …. the song remains the same
Posted on March 22, 2014 Leave a Comment
cliff notes: not one new high across the world. Malaysia has given it a good try, but has not “on close” exceeded it’s 2007 high. the song remains the same … http://www.youtube.com/watch?v=CcYZlRWWxO0
Chinese Yuan continuing to watch
Posted on March 22, 2014 Leave a Comment
we correctly ID an inflection point and it took off … now, a little higher is a SELL USD vs YUAN pattern a little higher. Watch this level shown below as it’s going to be extremely important. Here are the former posts … https://bartscharts.com//?s=chinese+yuan
Swing Low, Sweet Chariot ….
Posted on March 16, 2014 Leave a Comment
As we have discussed multiple times in this venue, the move since 2009 has been one heck of a ride. This chariot of stock market emotion is, literally, off the charts. It is at an extreme that has surpassed 1929, 2000 and 2007. For the past 6 months it has defied the powerful cycles and […]
great explanation on the importance of the Yuan vs USD
Posted on March 14, 2014 Leave a Comment
my wife tells me I am a geek and so do a lot of other people so …if my lines, charts, music, vibrations and square roots don’t make sense perhaps this might: http://www.forbes.com/sites/tomessaye/2014/02/26/why-the-chinese-yuan-is-the-most-important-currency-right-now/ keep calling me a geek, I’m thick skinned. also, I read the last paragraph … the patterns say DO NOT buy FXI, […]
Chinese Yuan weakening … not what we wanted to see
Posted on March 14, 2014 Leave a Comment
From a pattern perspective there are two scenarios: recent up move is a B wave that will complete in/around here and then fall into area located and then up (orange sequence of arrows) recent down move (blue arrows) completed the a-b-c correction and the dollar is going UP against the Yuan. note: when the candles […]
Update on Copper, Emerging Markets and China
Posted on March 13, 2014 Leave a Comment
CLIFF NOTES: the move in copper should not be suprising // we are correcting a multi-decade 5 waves up complete. This has shown to put pressure on emerging markets and china. All according to the script. if you would like to search for “copper” on this blog you will see that we have had a […]
NASDAQ update
Posted on March 10, 2014 Leave a Comment
cliff notes: most all of the targets that I had for the NAZZIE have been defeated. There is one more target (shown) that should cause strong resistance. nothing else has, but it still needs to be respected. also, note the PRICE and TIME correspondence coming into play w/ the all time high in the NASDAQ […]
Dollar Index update before NFP
Posted on March 7, 2014 Leave a Comment
Cliff Notes: thrust and momentum into the final pattern level at 79.52 is strong // warns of a failure. a BIG deal. losing this level will open 79.00 // can’t stress enough the importance of this most recent action w/in the FX world. Chinese Yuan completed a perfect pattern and is moving up .. (WATCH THIS […]
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