Uncategorized Category
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 […]
Utilities (DJUI) update
Posted on February 18, 2014 Leave a Comment
Utilities as a safe play … not yet! Utilities broke out of the potential triangle ID’d a couple days ago … the move up had volume and note the large candle present. The chart below shows the next pattern w/ regard to a bearish outlook on the Utilities sector. if this level does not hold I […]
GOOG
Posted on February 15, 2014 1 Comment
go to the home page and search GOOG. You will quickly see it has been the bane of my existence … tried a short in/around 920 and was SMOKED. looked for another pattern in around 1080 ish and that got SMOKED –so how do you keep the faith of the readers of this blog ? […]
FB updated …
Posted on February 15, 2014 4 Comments
here’s post from September 2013 showing BUY recommendation on FB in/around 16-18. FACEBOOK …. here’s a look at the high flyers w/ FB included … “this stock is going to get smoked” was pre-mature but do believe the RED ARROW is where it’s going. Correction should take it down to HIGH of IPO price around […]
I love this chart …
Posted on February 15, 2014 1 Comment
the WX in Northern Virginia today is just down right ugly … snow, winter mix, wind has picked up. Have been doing posts, checking on the wife w/ a herniated disk and the 9 year old w/ a sinus infection and then playing Pink Floyd looking for patterns. As I was going thru the charts […]
AAPL – window closed, buy in around 260-270
Posted on February 15, 2014 Leave a Comment
AAPL and GOOG patterns completing … well, I guess we’ll see … if you go to the link above you’ll see the work that has been done on AAPL. And, while the AAPL work has called EVERY swing low and swing high – GOOG has kicked our butt. Patterns work and Patterns fail …but they are […]
