Uncategorized | Bart's Charts

Thelma and Louis and Fixed Income

Posted on January 4, 2014 Leave a Comment

Interest Rates are approaching the CLIFF here’s a post that can allow you to catch up the saga w/in the fixed income market … whats funny is we have been SPOT ON w/ the dollar, commodities and fixed income. the equities have just kept going UP UP UP. Note, the BULLISH optimism in the equity […]

remove bias, trade what you SEE – JP Morgan

Posted on December 31, 2013 Leave a Comment

does ANYONE remember the EMOTIONS of March 2009? do you think ANYONE in their right mind would recommend a BUY on the XLF in MAR 2009? well, just as a reminder here it is … why am I pulling this thread right now? well, the past couple days I have received some very convincing emails […]

A look at the high flyers in 2014 – all lower significantly!

Posted on December 30, 2013 2 Comments

I am neither bearish nor bullish. I am a pattern recognition trader that puts everything into the context of human behavior. the rally from 2009 is so over stretched that 2014 will bring, potentially, a down side move of enormous proportions. There I have said it …simply based on the MONTHLY (read long term) SELL […]

the YEN in 2014

Posted on December 29, 2013 Leave a Comment

the monster move made by the YEN and, correspondingly, the Nikkei 225 has been extremely impressive. the BOJ drew a line in the sand 10/2011 at 76 USD/JPY. That monthly/weekly candle reminds me of the end of the bear market in gold at 252. Kaboom and off she went … more importantly, take a look […]

Crude, the Loonie and Oil Services Index for 2014

Posted on December 29, 2013 Leave a Comment

the chart below shows the Oil Services Index $OSX (candles) w/ USDCAD (inverted/line) overlaid on top … some observations: when the blue line (Loonie) is going down it is weak. when the blue line (Loonie) is going up it’s strong … at most inflection points, the $OSX and Loonie are synchronized nicely. however, for most […]

Sugar Update

Posted on December 29, 2013 Leave a Comment

here’s the last post on Sugar: https://bartscharts.com/2013/09/13/buy-your-fruit-loops-now-here-comes-the-sugar-train/ as you can see below, the level held extremely nicely but after peaking in Mid-Oct, the bid was crushed. IF this level is a significant low, then we shouldn’t go below 16 again. either way, a potential label is shown. the characteristics of wave 2 are that the […]

Happy Birthday to the Federal Reserve

Posted on December 23, 2013 Leave a Comment

December 23, 1913 the Federal Reserve was created …

relative strength of staples vs the S&P importance

Posted on December 23, 2013 Leave a Comment

in order to get up to speed, if you have not been following, please see the following post: https://bartscharts.com/2013/10/07/staples-strength-vs-the-sp/ we completed a perfect price/time pattern BUY on the ratio and it did, in fact, respect the pattern level. HOWEVER, since then we have taken out the lows of that pattern and if we go back […]

the importance of the recent reweight in the S&P 500

Posted on December 21, 2013 1 Comment

yesterday was a quarterly option expiration AND an important S&P reweighing .. our last post at the sectors of the S&P 500 were dominated by technology, energy and financials … that changed, pretty substantially. now, hot of the presses the sectors are: information technology 18% : using VGT as a proxy. see chart below. SELL […]