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the most important chart in my lifetime
Posted on April 1, 2014 12 Comments
CLIFF NOTES: the most important pattern in the history of the US stock market was hit today. Period. all time low on Dow Jones Transportation Index was 49.59 on 10/29/1896 that low when used as the key node for retracements was responsible for the LOW in 1987 (.382 retracement ), the LOW in 2003 (EXACT 50 […]
Loonie, the Dollar and the Oil Services Index
Posted on April 1, 2014 Leave a Comment
CLIFF NOTES: USD support for BUY opportunity shown//very important divergence present in OSX and LOONIE vs USD. for the life of the data they have moved opposite but for the past 2 years they have rolled together. while they have lead/lagged they have, essentially, been doing the opposite at tops and bottoms. When one tops the […]
the Japanese Yen in charts …
Posted on April 1, 2014 4 Comments
Cliff notes: can “see” why recent YEN weakness has paused and ran into resistance on the charts. that being said, some MAJOR patterns completing just a little farther away (note: CHFJPY) Also, note that YEN strength usually shows volatility spiking. I expect mid-April to be interesting across the entire circle of life. Also, have found […]
NFLX follow up
Posted on March 31, 2014 Leave a Comment
CLIFF NOTES: went a little higher than the original target at/around 400. However, we did make it known a 5th wave advance was maturing and finishing. Believe it might be cooked … NETFLIX 1,2,3,4,5 and that’s all she wrote …
BIDU follow up
Posted on March 31, 2014 Leave a Comment
CLIFF NOTES: very strong probability that a 5 wave advance is complete on BIDU Here’s the last look at BIDU working on a 188 target for wave 5: https://bartscharts.com/2013/10/21/the-ray-charles-count-on-bidu/ Updated chart:
back to the basics …
Posted on March 28, 2014 Leave a Comment
a very good friend of mine has sought my assistance in becoming a pattern recognition guru. I do this very sparingly because before I ever accept this challenge and privilege I make sure they have read http://www.constructingtheuniverse.com/bookinfo.htm. Why? Because the PATTERNS fly against the convention of any modern portfolio theory, CNBC talking head pundit and, quite […]
all time low on NASDAQ log trend line
Posted on March 27, 2014 4 Comments
CLIFF NOTES: this is major resistance on the NASDAQ folks, it’s all about the swing low … while the NASDAQ is continuing to break down like our targets expected, it has not broken a major swing low, yet. This weekend will be very key as we “square out” in days the all time high of 5132. […]
Top 4 A/D contractors, the PPA and GOOG
Posted on March 23, 2014 Leave a Comment
Cliff Notes: they are showing sell patterns and we have visited the correlation of the Defense Index ($DFI // PPA) and GOOG before ….
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