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the DNA is the initial impulse move
Posted on November 14, 2013 Leave a Comment
the DNA of any move in a liquid asset is the initial impulse move off of a low or a high. In that, all else will take fold. below we have a chart of the EURO w/ nothing on it… here’s the four things we need to do to give birth to ALL of […]
relative strength of GOLD vs the USDJPY importance
Posted on November 13, 2013 5 Comments
a line in the sand was drawn at 75 in the USD vs JPY when the BOJ, after the horrible tsunami, said – enough is enough this is where the buck stops! the rest is history and a big KABOOM occurred. everyone and the brother can see the coiling occurring w/in this very important currency pair […]
EURO correction complete, shall we resume lower?
Posted on November 12, 2013 Leave a Comment
MACRO SUMMARY: the correction on the EURO from 07/2012 is showing signs of being complete. Additionally, if you have been following our dollar index posts, you’ll see that the next advance of the US Dollar “should” be getting underway. Since the EURO is a major component of the US Dollar index we need to look […]
having fun w/ 1776 and the confessions of a QE Junky
Posted on November 12, 2013 Leave a Comment
I love Business Development in any industry and any product or service …it’s actually extremely strategic and w/ a well focused and actionable set of benchmarks or criteria can usually guarantee success. This AM I have been working on a proposal for a company to make a major LOB move into a new arena. After […]
Pound Foldback Updated
Posted on November 12, 2013 1 Comment
last post on the Pound: https://bartscharts.com/2013/11/05/jec-silver-past-fractals-and-the-pound/ updated charts to the pound .. notice the Head and Shoulders that has formed:
New York Stock Exchange … PATTERN COMPLETE in Price and Time. CAVEAT EMPTOR
Posted on November 11, 2013 Leave a Comment
Personally, I like this index – why? as far as I know, they no longer have a futures market for it so “what you see is what you get.” From Wikipedia: The NYSE Composite is a stock market index covering all common stock listed on the New York Stock Exchange, including American depositary receipts, real estate investment trusts, tracking stocks, and foreign listings. […]
so, TSLA did like that i drove in one .. but i didn’t buy
Posted on November 11, 2013 Leave a Comment
post from Friday: https://bartscharts.com/2013/11/08/drove-in-a-tesla-last-night-tsla-so-it-should-bounce-today-or-monday/ update …notice the blue trend line that held as support — that is the reason (polarity) that we came back and touched it and now it’s support. that could do it for the bounce but after such a strong sell move, believe we ‘ll pop up and do another measured move […]
can’t beat a good cotton shirt …they might be getting more expensive, soon
Posted on November 11, 2013 Leave a Comment
Cotton came down and bounced off a major level (.786 retrace) that had it’s “node” from 1971. it’s been correcting since March in a very nice 3 wave down (a), 3 wave up (b) and now finishing, what I believe to be a C wave. Can make the case for 76 being the low but […]
where is the negotiator? final stages of PCLN run
Posted on November 11, 2013 Leave a Comment
PCLN … amazing advance but one that is at/nearing an end for now. a clear wave structure is in place that makes this current move up equal to a 5 on declining volume. also, it’s parabolic so don’t get to overzealous and short up in here – however – take not of my TSLA post, […]
fixed income … the one more high or final high in place quick looks
Posted on November 10, 2013 1 Comment
take the time to catch up on by reading/viewing charts from the below links… last post: https://bartscharts.com/2013/11/05/fixed-income-time-is-right-but-what-about-the-price-and-the-underlying-trend/ post that warned of a very important top – before I was blogging: http://allstarcharts.com/are-interest-rates-at-a-key-inflection-point/ bonds sold off hard on Friday and what could be the start of another leg down. let me digress for a bit .. I […]