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Great British Pound … continues
Posted on November 2, 2013 1 Comment
“…woke up, fell out of bed and dragged a comb thru my head and … the GBP did not rally as hoping so no short was performed…on a Saturday w/ no market movement here is what I see … we are completely the first AB=CD type of pattern after what I think is the completion […]
Halloween Pound Update …
Posted on October 31, 2013 1 Comment
as I debrief the action in the Pound vs the USD over the past couple days, I can say that, perhaps, I might have done one thing different … a couple days ago we called for a pattern complete in the US Dollar and that coincided w/ the top shown in the GBP. The GBP […]
Crude Oil … a potential roadmap
Posted on October 31, 2013 1 Comment
I enjoy this chart, not only for the amazing dynamics of the math and harmony but … I’ll tell you in a minute here’s why – it occurred on my birthday! 🙂 July 11, 2008 was the high on crude … anyway, I have to admit that this scenario I am putting out on the […]
it’s FED time and an explanation of the recent price action in fixed income
Posted on October 30, 2013 Leave a Comment
can’t believe it’s been a month …amazing how time flies. here’s the summary of my post from the last FED meeting (note it was 4 or so hours before the announcement) : https://bartscharts.com/2013/09/18/bruce-buffer-of-ufc-and-the-fed/ “HOWEVER, in the context of an amazing 30+ year bull market in the fixed income world we have reached the “normal” and […]
TSLA and going to the octagon …
Posted on October 30, 2013 Leave a Comment
had the extreme pleasure to fly out of Miramar NAS (before it was given to the Marines) in San Diego CA…amazing flying, period. one of the neatest things about Miramar was the “Octagon.” circular in nature, it was 8 fuel stations that you would taxi up to in order to fill up the jet for […]
Pound Negative Reversal Potential – Long Term Chart
Posted on October 29, 2013 1 Comment
i had the wonderful pleasure to teach, for a little over a year, the Capstone CMT III course…the positive and negative reversal arena usually made both me and the candidates head explode. so, if you want to read about it and catch some understanding, Google: RSI negative and positive reversal by Connie Brown. in this […]
US Dollar as of 10/27/2013 9:00 PM EST
Posted on October 27, 2013 1 Comment
in our last post we discussed the importance of current levels on the dollar or the 78.73 level a little lower. in “counting terms” believe the dollar is carving out a major bottom in what can be coined an expanded flat corrective move. if this analysis is correct, I am expecting a major move on […]
stay tuned the BUY on WMT/S&P is complete or perhaps a little lower
Posted on October 25, 2013 159 Comments
the pattern we have been looking at on the WMT/S&P relative strength comparison is complete .. https://bartscharts.com/2013/10/06/the-wmt-greeter-and-inflection-points/ stay tuned, there are some tectonic plates shifting ….
Cobra’s GATE … but use a stop for goodness sake!
Posted on October 24, 2013 Leave a Comment
the emotions are controlled but elevated and then you hear the “fights on, tapes on” and you know it’s time to get er’ done … not often used, but very very effective, is the term “GATE” and that means FULL THROTTLE and MAX OUT on the direction of the threat to ENGAGE and KILL “Cobra’s GATE Barber […]