Uncategorized Category

Shanghai Composite – August 11, 2023

Last post: https://atomic-temporary-44460632.wpcomstaging.com/2023/06/05/the-shanghai-dominoes/ As discussed in the last post, focused on China as they are one of the leading markets … Down 2+% today and down 3% for the week. Sitting right on the long term LOG trendline … believe if we break that trendline, most all else should follow.

Read More

AAPL – August 7, 2023

Last post on AAPL: https://atomic-temporary-44460632.wpcomstaging.com/2023/06/27/aapl-june-27-2023/ AAPL smacked into the 1.27 which was also a 1.618 price projection level and has broken down. In face, it has left an island reversal. An island reversal on AAPL .. who the what the? This is a VERY interesting chart as I do think 2022-2023 was a corrective 4 […]

Read More

Bonds – July 30, 2023

sounds crazy, but sure looks like bonds are going to break the big support that’s been holding em’ up and, frankly, target the blue zone as shown in the below charts. Ummmm, ouch. Right? If my count is wrong, then we will go up and do another leg to finish the a-b-c corrective move BUT […]

Read More

Banks/Financials – July 27, 2023

Saw the gap up today – pretty darn impressive – so I immediately went to the XLF and “figured” that it would have gapped up w/ everyone else and blew over the .786 retracement and off to the races. IT DID NOT. Hmmmmm Because of that, I cruised around JNK, XLF, $BKX and KRE and […]

Read More

US Dollar Index – July 26, 2023

Well, we are hearing (once again) about the death of the dollar as the worlds reserve currency and all that … that will probably happen but not just yet. Either way, we have hit a VERY important support level on the USD. Measured moves make the world go around … we hit the measured move, […]

Read More

TSLA – July 20, 2023

Last post on TSLA: https://atomic-temporary-44460632.wpcomstaging.com/2023/06/07/tsla-june-07-2023/ Staying w/ the preferred count shown in green. That being said, this could be, as shown on the alternate count the beginning of an a-b-c = Y move down … so, while this gives up a lot of the move, we’ll just use the EWT correction RULE that wave 4 […]

Read More