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Gold is getting close …to a BUY
Posted on February 9, 2014 Leave a Comment
I really DO NOT KNOW or have a BIG OPINION on the top at 1920 on spot Gold. Well, it was either a BIG 3 or BIG 5 but I just don’t know … doesn’t change the fact that a long on Gold could be coming in soon. It’s just how high it will go […]
Fixed Income Pattern and October 1987
Posted on February 8, 2014 2 Comments
there are some very interesting things to point out regarding fixed income tonight … in the chart below note the following: a swing low has never been broken in this bull market run that started 33 years ago. they are shown by the dashed green lines we think a MAJOR top is at hand in […]
Understanding Fractals and the Current Market Environment ..
Posted on February 6, 2014 Leave a Comment
I promise this isn’t going to be a mathematical treatise on the math/geometry behind fractals. We’re going to go down the rabbit hole, slightly, in order to 1) get an understanding of what a fractal is and then 2) relate the current market environment using the Down Jones Transports. We could use more, but that […]
Utilities as a safe play … not yet!
Posted on February 3, 2014 1 Comment
there has been speculation that Utilities are a safe play in a deflationary environment. I don’t know what the fundamentals say, but I do believe we are starting another wave down in the Utilities. After a very clear 5 waves down into the low of 2009, they have behaved much like everything and bounced rather […]
going thru the heavy weights that make up the S&P …
Posted on February 2, 2014 Leave a Comment
in Mid-December 2013 we went thru the top weighted (by percentage) sectors in the S&P after the most re-weighting … at the time, most of them were either finishing or approaching or hitting sell patterns. As of this writing, the patterns have held w/ no significant failures or break-outs. this is bearish … only time […]
Copper and the Emerging Markets (EEM ETF)
Posted on February 1, 2014 Leave a Comment
Copper is important … it’s still a major player w/ regard to the global economy and is something that should be watched. We also think Copper made a very important wave 5 top … here’s the chart as the top was getting made (I want to provide “real time “charts” so there is no “could […]
Missing $LNKD in the chain updated from September 2013
Posted on February 1, 2014 1 Comment
$LNKD has been correcting since the top in September 2013 …it’s been a series of lower highs and lower lows so nothing is glaringly bullish EXCEPT the high was noted as a 3. So, ultimately, this corrective move in LNKD should be bought. the first and normal target is the end of the 4th wave […]
update on the high flyers …
Posted on January 31, 2014 3 Comments
my last post on the high flyers was the following: A look at the high flyers in 2014 – all lower significantly! here’s the update:
Transports pattern complete from 42,281 days ago …
Posted on January 25, 2014 2 Comments
I’m going to give myself .003% w/ regards to the pattern being complete on the Dow Jones Transportation Average. It never did hit, exactly, the 7616 target …but w/ the big move that occurred yesterday odds are that we have a MAJOR top in place. If you have been following my blog this “target” area […]
today, 01/24/2013, looking for a close in/around 4125-4128 to SQUARE OUT all time low
Posted on January 24, 2014 Leave a Comment
believe it or not, TIME and PRICE are interchangeable and they are the same “thing” when it comes to charts … big lows and big highs will ALWAYS tie themselves mathematically to calendar day, solar time, square roots, etc… so in the midst of today’s sell off we’ll look for a close on the NASDQ […]
Bart's Charts 