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Copper and China
Posted on December 20, 2013 Leave a Comment
the count (long term) for copper appears to have completed a very well defined 5 wave move … if this is correct, then perhaps we have a little larger rally to kiss the neckline and then down into much lower prices. why is this important to China? well, from a chart view they are aligned […]
the Musical Swissy …
Posted on December 19, 2013 Leave a Comment
what a week in the FX markets … amazing. if you have been following along, I have been a DOLLAR BULL the past couple weeks awaiting for what I THINK is the end of a correction that is going to set up a pretty large and powerful rally in the US Dollar. that being said, […]
Silver following the script part IV
Posted on December 19, 2013 Leave a Comment
I would encourage anyone new to this blog to go thru the following past blogs to get an update on where we are ….the link is here: https://bartscharts.com/2013/11/20/silver-following-the-script-part-iii/ the big question “is the high in/around 50 a wave III or a wave V?” I REALLY like it being a wave III because the current correction […]
E-mini update
Posted on December 18, 2013 Leave a Comment
here’s the last post on the e-mini: https://bartscharts.com/2013/12/10/emini-update-10102013/ key juncture for the bull/bear case … either way, I think we are terminal. it’s either HERE after the FED meeting OR we’ll cook it off and rally into the new year and then pull the plug. I have presented both pictures below ….something to keep in […]
SBUX monthly signal reversal candle a couple bucks away
Posted on December 17, 2013 Leave a Comment
here’s the post on SBUX: https://bartscharts.com/2013/11/03/sbux-and-coffee-futures/ the RELATIVE STRENGTH of Coffee Futures to SBUX has a montly BUY signal and the post above showed how inflections of Coffee relative strength w/ regards to SBUX usually gave one a “heads up” on price action. the geometry of the PATTERN at/around 81 is presented, again, below. […]
the initial impulse move … is the DNA
Posted on December 13, 2013 Leave a Comment
spent last night w/ my wife of 23 years and best friend since we were 15, at the Andrea Bocelli concert …as a self proclaimed market musician on many occasions I found myself w/ eyes closed trying to hear the different chords/tempo and harmony being blended. it was pretty cool …so this morning I thought […]
GOOG and AAPL update
Posted on December 12, 2013 Leave a Comment
I should have known … for those who have been reading this blog, we’ve seen 1.68179 come up a lot lately. It was the extension target on an intraday basis for the emini, it was a price projection ratio (1.68179-1 – .68179) for the Pound vs USD and a host of other. the reason I […]
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 […]