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JNK – August 16, 2023

Last post on JNK: https://atomic-temporary-44460632.wpcomstaging.com/2023/06/27/jnk-geometry-june-27-2023/ Well, we have a BUY PATTERN on JNK right around the “key” trend line … that’s been holding the Junk Bonds up for all of 2023 and the last quarter or so of 2022. It’s important .. doing “basic” trend line construction we can see the “minor” purple line will […]

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US Dollar Index – August 14, 2023

One of my first teachers had an amazing saying and it’s one that has stuck w/ me for 15+ years. When your trading/investing – you might not realize it – but you truly are playing with giants. The amount of money flowing right now, not even while the NYSE is open is mind boggling. And […]

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TLT – August 12, 2023

IF my count is right … (remember, my Elliott abilities are like my golf game 😉 then we have started another move down in bond prices but I do believe this is the 5th and final wave of just the first wave down … that being said, w/ all of the “noise” and “sentiment” w/in […]

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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.

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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 […]

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