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WYNN pattern complete
Posted on March 5, 2014 2 Comments
cliff notes: candle strength is still strong but the target that we ID’d has been hit. wait for a MONTHLY signal reversal candle to go short. the last 4 months of candles are very powerful, so be patient. the original sell pattern got steam rolled so … wait for some weakness on this one. https://bartscharts.com/2014/02/27/wynn-update/ […]
A monster move …
Posted on March 3, 2014 Leave a Comment
a lot of work goes into finding high probability set-ups … this was our last post on Coffee Futures and SBUX. I had been trying to find an end (not trying to call a top but simply look for a pattern) to the SBUX run. Ratio analysis was finally sealed the deal for me … […]
Russia surprise rate hike …
Posted on March 3, 2014 Leave a Comment
Gorilla’s are starting to juggle more dynamite … last week China, this AM Russia. Stay tuned ….
TOO BIG TO FAIL …again?
Posted on March 2, 2014 Leave a Comment
it’s Sunday night and another 10-12″ is coming our way in Leesburg, VA. The Asian markets are opening down 1-1.3% and EVERYONE is focusing on Ukraine. And, well, rightly so. That being said, believe we also need to look over at China. A financial crisis is brewing. The Chinese Yuan crashed last week due to intervention […]
GOOG update …
Posted on March 1, 2014 Leave a Comment
continuing to work GOOG as one, if note the most, “important” stocks to be watching w/ regards to it’s weighting, psychological effect, etc …click the link below to see previous posts. we are in another zone of targets that “probably won’t” hold it, because as luck would have it his stock is NEVER going to […]
Dollar Index Update
Posted on February 28, 2014 Leave a Comment
The Dollar and the Currency Market is, again, the Gorilla in the corner juggling dynamite. Per our last post (https://bartscharts.com/2014/02/19/dollar-index-positive-reversal-forming-on-daily/) we mentioned a potential positive reversal (which has been defeated) and one more target lower in/around 79.53-79.60. This is EXTREMELY important for the thesis of the Dollar moving up …
WYNN update …
Posted on February 27, 2014 2 Comments
CLIFF NOTES: the PATTERN from the IPO was crushed…. recent 3 month candles are HUGE! the patterns shown are BEARISH. FOR MY FELLOW CHART PEOPLE: the PATTERN in price was defeated, however, the PATTERN in time is MARCH. We’ll know…soon what will happen. THESIS: IF WYNN keeps going HIGHER so will the stock market (bullish) […]
the method behind finding the EXACT top in IBB
Posted on February 23, 2014 Leave a Comment
08/02/2014 – IBB has completed a PERFECT buy (price and time equality) PATTERN and believe the result will, more than likely, give us a good flavor for the rest of the equity market in general. Why? Well, this was a PARABOLIC move and if it keeps going then the “overall” mindset of the equity market […]
Dollar Index Positive Reversal forming on daily …
Posted on February 19, 2014 1 Comment
cliff notes: 55 calendar days on 2/20/2014 from the last low in the US Dollar BUY patterns present and have held but have not confirmed a low in the dollar still a level at 79.50-79.60 positive reversal (bullish) pattern present on the dollar index last post on the dollar: Gorilla’s juggling dynamite … and […]