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GOOGLE – a classic head and shoulders top?
Posted on September 24, 2013 Leave a Comment
first off, I love the company GOOG. what amazing innovation, passion, creativity and, most importantly, the ability to create a word into a lexicon like Seinfeld – yada yada blah blah blah. so, before I show the SELL pattern that has appeared, let’s go back in time (remember this is no “could of, would of, […]
the upcoming week of 9/22 for the S&P
Posted on September 22, 2013 1 Comment
our S&P post last week of parts I-V spelled out the overall look and feel for the S&P as we approached and eclipsed new highs … we took a look at technology, financials and energy. additionally, throughout the past weeks, we have walked thru the circle of life for fixed income, the dollar and certain […]
Bruce Buffer of UFC and the FED …
Posted on September 18, 2013 1 Comment
my buddies and I enjoy buffalo wild wings and the UFC night …. the energy is amazing, the beer is cold and the wings aren’t bad …. everyone gets fired up as Bruce Buffer does his amazing introductions and then, at the last minute bellows “IT’S TIME!” Well, folks “IT’S TIME” to see what “the […]
The Great British Pound Update
Posted on September 18, 2013 1 Comment
in my last post for the pound at: https://bartscharts.com/2013/09/12/the-great-british-pound/ I laid out the case for my analysis pointing to a wave 2 top followed by lower prices. I had the C? put in around this area. Well, believe w/ FOMC meeting today that we’ll see this area attacked and the nature of the move to come will […]
Soup is good food … Campbell Soup at key level ($CPB)
Posted on September 17, 2013 Leave a Comment
swings on this puppy have been extremely nice ….charts below. just follow the bouncing ball … note, now we have completed the equality of swings and the level held at/around 41.
Loonie, Confluence, Musical Theory and the Oil Services Index
Posted on September 17, 2013 1 Comment
UPDATE: picture paints a thousand words. NOTE THE HUGE AMOUNT OF THRUST THAT CAME INTO OUR LEVEL. Even w/ that much thrust it only went thru 15 pips. current consolidation needs to get going higher OR pull back a little for this level to be key. Lastly, take a peak at the oil services index […]
Part VI: the S&P 500 conclusion
Posted on September 16, 2013 1 Comment
CONCLUSION part 1 – we went around the world and, objectively, noted that the rest of the world had not made new highs and that some of them were in downtrends confirmed by lower tops and lower lows. part 2 – I took my son to get his haircut yesterday and, after I posted the […]
Part V: S&P and Sector Rotation
Posted on September 16, 2013 2 Comments
before I started this blog I was afforded the opportunity to post w/ JC Parets (allstarcharts.com) from time to time. back in March I posted some thoughts on the importance of the Staples vs the S&P in ratio analysis form. here is the link to the post: http://allstarcharts.com/are-staples-the-key-to-this-market/ I recommend you read it. this analysis […]
Part IV: S&P and Energy
Posted on September 15, 2013 2 Comments
Below is one of my all time favorite charts … it’s a real time chart of the EXACT top in Crude Oil using a bunch of geometry, music and numbers. in this chart we see the square root of 12 (3.464), natural squares 121*121, geometrical arcs, 2.424 (12*2/12*2), square of nine targets, square root of […]
Part III: the S&P 500 and the influence of technology
Posted on September 14, 2013 3 Comments
As we discussed in our last post, technology has the biggest weight in the S&P 500, coming in around 17%. So, naturally, a quick look at the NASDAQ will give us a good feel of the technology sector and it’s importance to the S&P 500. In the world of retracement work/theory we like to look […]
Bart's Charts 