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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 […]
Around the world update …
Posted on December 21, 2013 1 Comment
https://bartscharts.com/2013/09/14/part-1-the-sp-500-but-first-we-need-to-go-around-the-world/ https://bartscharts.com/2013/11/10/follow-up-to-part-i-going-around-the-world-again-w-a-little-led-zeppelin-the-song-remains-the-same/ the first post going around the world was in September … nothing has changed. No other stock market – except the US – has come close to their 2007 highs …
our first hint we are soon to be carving out a bottom in Gold …
Posted on December 20, 2013 Leave a Comment
as a pattern recognition dude, I simply look for patterns and try (it’s hard) to be objective and go w/ it. if you have been following we’ve been doing OK w/ everything BUT the equities. Patterns haven’t necessarily failed, but they are being tested for failure, that’s for sure. the bullish sentiment is at ALL […]
the Copper Script …
Posted on December 20, 2013 2 Comments
if you have been following my blogs of late, you’ll find that I’ve been throwing some bearish patterns out there. simply, there are bearish patterns. period dot … they work, they fail and we manage RISK. just to show you that I am agnostic to the BULL and/or BEAR case here’s the falling knife of […]
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. […]
