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Emini update 12/10/2013
Posted on December 10, 2013 1 Comment
of course it would have to pick the 3rd or highest target, but the high yesterday did fit into the wave structure correctly and was 1.618179 of the B leg extension and 1.618*a so that level was KEY. now, does it hold or not? if it does then we have begun an earnest wave down. […]
GBP struggles …
Posted on December 9, 2013 Leave a Comment
https://bartscharts.com/2013/11/26/great-british-pound-again/ here’s where we are … we have discussed in former posts the importance of the 1.68179 ratio and it’s relationship to the equal octave scale of music and how, at times, the .68179 price projection technique is very helpful. in a triangle, you have 5 waves – a,b,c,d,e and they are “normally” w/in the […]
Defense Index and GOOG an amazing correlation ….things that make you go hmmmm….?
Posted on December 8, 2013 Leave a Comment
perhaps you are aware, perhaps you are not … I spent 11 glorious years in the United States Navy flying F-14 Tomcats off the pointy end of an aircraft carrier. It was a great ride …because of that, I still consult from time to time for the Defense, Aerospace and IC sectors …keeping an eye […]
amazing indexes … a tour of the masses
Posted on December 8, 2013 Leave a Comment
28 degrees, snowing, freezing rain and tons of kids running around … I’m not getting old, I’m just getting smarter. I wasn’t interested in going outside in this chaos today in NOVA. However, it was a great time to cruise the charts …it was a fun journey, to say the least. our first chart is […]
is it TIME for the EURO turn …. ?
Posted on December 6, 2013 Leave a Comment
one of my mentors, Mike Jenkins, taught me to look for “turns” or “patterns” every 656/710 hours. against the backdrop of the fixed stars that is the time, in hours, that it takes for the moon to make a full revolution. the 710 hours is elongated because the earth is also moving … I’m not […]
NFP and the emini …
Posted on December 6, 2013 1 Comment
at 0830 EST today I’m going to be drinking a cup of coffee, more than likely meditating or playing some kick ass music but the farthest thing from my mind is going to be the NFP. this manipulated number has BILLIONS if not TRILLION of HFT (high frequency trading programs) going crazy on the BID/ASK […]
AAPL and GOOG patterns completing …
Posted on December 6, 2013 2 Comments
here was the geometry for the top in AAPL: https://bartscharts.com/2013/08/20/sir-issac-newton-and-aapl-fell-from-the-tree/ here was the geometry for the low in AAPL: as we approached the low a very symmetrical 3 drives to a bottom appeared: the “first” top that appeared gave us a sell signal and about 70 bucks but the market moved up and higher …now, […]
Equal Octave Scale of Music and the DJIA …
Posted on December 5, 2013 Leave a Comment
my friend, fellow chartist and trader gave me the chance to do this post on his blog as a “guest blogger” http://allstarcharts.com/the-math-behind-historic-dow-charts/ at the time, I was watching, extremely closely, the “standard” .618 price projection and it’s importance due to using the all time low from 1896 at 28.48. the market opened/closed in and around […]
Gold since 1913
Posted on December 5, 2013 Leave a Comment
historical data is king … w/ the correct and long term data we can make some very powerful forecasts and look for patterns that others might not see. I came across a chart the other day that showed the price of Gold in/around 20 bucks when the FED was created in 1913. so, below I […]