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Gasoline Futures – July 17, 2023
Posted on July 17, 2023 Leave a Comment
looks like this triangle will be resolving soon enough … prices like to “surge” out of these type of patters to …it will be pretty interesting, from a political perspective, to see which way it resolves. spikes lower … Biden Administration has brought down inflation and lower gas prices. spikes higher …the opposite for President […]
NVDA – July 17, 2023
Posted on July 17, 2023 1 Comment
Last post on NVDA: https://atomic-temporary-44460632.wpcomstaging.com/2023/05/30/nvda-update-may-30-2023/ the ABCD target on NVDA has been hit on the monthly (it actually went higher and did the 12th root of 2 (1.05946) which is the ratio used to tune the equal octave scale of music) with noticeable bearish divergence on the 14 period RSI. I expect some serious resistance. […]
XLF – July 13, 2023 !
Posted on July 13, 2023 Leave a Comment
Well folks, we are at a pretty big fork in the road. The SELL PATTERN on the SPX is “close” and pretty much hit and then the XLF went up and tagged the lower end of the sell zone … gapped up and then closed at the lower end. One can see a couple small […]
S&P 500 – July 11, 2023
Posted on July 11, 2023 Leave a Comment
VERY important level approaching in/around 4500 and hen 4525-4550. Frankly, these levels are the last gasp hope for the bears. Note, the time worked out very nicely but the PRICE was not hit and we’ve held support. Doesn’t look to inconceivable that the targets above won’t get attacked in the coming days?
Geometry – July 11, 2023
Posted on July 11, 2023 2 Comments
Birthday today .. so spent some time listening to Zen music and just using the crayons. One purple (crown chakra) line that defines a radius of a circle and then … every turning point thereafter. Yes, it’s “past tense” but we can use this forward … I try (as you all know) to make my […]
USDJPY – July 06, 2023
Posted on July 6, 2023 3 Comments
Well, this is one of those that you wait, in this case almost 9 months, for the pattern to appear. I almost tried it at the ABCD but something just told me to wait. Now, we have a 1.618 price projection right on top of the lovely .786 and a bunch of other ratios. Why […]
XLE – July 06, 2023
Posted on July 6, 2023 2 Comments
I’m a tad perplexed on this chart as one can make the case for some bullish action BUT I’m not even to try and count the different machinations and I don’t want to “could have would have should have” when it comes to my wave counts … I’m picking lower simply because of the last […]
Bart's Charts 