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And the band played on … ?
Posted on April 10, 2014 2 Comments
CLIFF NOTES: couple days ago, posted the “chart of my lifetime” and it showed a very long term pattern completing on the Dow Jones Transports: the most important chart in my lifetime We did have a break down after levels were hit and, on an intraday basis, a 5 wave count down can be seen. The […]
WMT / SPX ratio revisted
Posted on April 6, 2014 Leave a Comment
CLIFF NOTES: support found in the relative strength of WMT/SPX. When this ratio goes UP the stock market goes down, when the ratio goes DOWN the stock market goes UP. In the world of ratio analysis we are looking at the relative strength of something versus something. This has nothing to do w/ the RSI. […]
Palladium and NASDAQ
Posted on April 6, 2014 Leave a Comment
Cliff Notes: noted below is that Palladium and the NASDAQ do move together, but at major inflection points there is some lag. After the lag, they sync up nicely and move up and down in similar fashion. The past 4 years have been highly congestive for Palladium …something that (obviously) wasn’t the case w/ the […]
Silver update …
Posted on April 3, 2014 Leave a Comment
for review, here’s the past Silver work … https://bartscharts.com//?s=silver CLIFF NOTES: complex correction unfolding in (4) – waiting for the 14 level to BUY on Silver. $$$$ question – was the high up in/around 50 a 3 or 5? Not sure..either way 14 is a pattern.
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 […]
