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Lithium (LIT) – January 18 ,2024
Posted on January 18, 2024 8 Comments
Last post on LIT: https://atomic-temporary-44460632.wpcomstaging.com/2023/09/16/lithium-lit-etf-sept-16-2023/ Well, look at that, sure looks like we need to get ready to deploy some capital and buy LIT …. it’s been getting hammered pretty good, so wait for a SRC on the weekly. Conservatives (me) can go for a close above 52 and then look to hold into the […]
Banks/Financials – January 7, 20224
Posted on January 7, 2024 Leave a Comment
Last post on Banks/Financials: https://atomic-temporary-44460632.wpcomstaging.com/2023/12/04/banks-financials-december-4-2023/ Update … If you’re a BULL you want these patterns to FAIL. If you’re a BEAR you want them to WORK. Banks/Financials lead us UP and they lead us DOWN. Decision time Banks/Financials … Also, take a look at XLF … completed, not only a Gartley SELL but it also […]
LILLY (LLY) – January 5, 2024
Posted on January 5, 2024 2 Comments
Happy New Year. So many AUMazing things are going to happen this year … get out your tin foil hats. Speaking of tin foil hats, tighten your chinstrap. I’ve shown before how to use the “what we learned in grade school” to use 3 points to create a circle. That is all we are doing […]
Junk Bonds – December 31, 2023
Posted on December 31, 2023 1 Comment
Junk Bonds are extremely important … quite the nice SELL PATTERN has hit or, perhaps, just a little higher. For the equity market (s) to continue higher, this SELL PATTERN needs to fail. Also, notice the “time” component working … it’s been working nicely and, obviously, it’s not precise but it can give us a […]
NFLX – December 18, 2023
Posted on December 18, 2023 Leave a Comment
Had not posted in NFLX for a while and forgot (honestly) what a beat down they took but man – also – what a rally! I wouldn’t be surprised to see a near term pullback w/ the .618 retracement approaching/hit w/ some daily bearish divergence. But, that being said, it bounced off major LONG TERM […]
Dow Jones Industrial Average – December 18, 2023
Posted on December 18, 2023 3 Comments
Reference Post: https://atomic-temporary-44460632.wpcomstaging.com/2021/01/20/how-logarithms-music-and-math-yield-40655-as-a-target-for-the-djia/ For those that have been following me a while, you’ll know I enjoy using some mathematical methods to derive targets. I’m not going to dive into the math behind these calculations but I am leaving a copy of the spreadsheet so you can see and test the hypothesis if you like. If/when […]
IWM – December 18, 2023
Posted on December 18, 2023 Leave a Comment
Last post on IWM: https://atomic-temporary-44460632.wpcomstaging.com/2023/02/03/iwm-february-3-2023/ The sell PATTERN worked from the last post but it really hasn’t gone anywhere – amazing that the “number” is still holding the bots, super computers, hedge funds, etc. from blowing thru it … all based on sacred geometry and music. So, it’s not that much of a stretch to […]
Banks/Financials – December 4, 2023
Posted on December 4, 2023 1 Comment
It’s all PATTERNS – at least for me. Here are three VERY NICE SELL Patterns across 3 securities that represent a majority of the banks/financials that are out there. The PATTERNS are saying sell and, if you look at XLF below, the PATTERNS are only 2-4% away so it’s not that inconceivable that they could […]
US Dollar Index – November 30, 2023
Posted on November 30, 2023 1 Comment
Last post on US Dollar: https://atomic-temporary-44460632.wpcomstaging.com/2023/07/26/us-dollar-index-july-26-2023/ I’ve put a rudimentary “count” of the US Dollar below because we need to develop a gameplan for the coming Santa Claus rally or Santa Claus puts coal in everyone’s stocking …and, I have NO OVERT OPINION on which direction equities will or won’t go … The US Dollar […]