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UNG update
Posted on December 15, 2021 Leave a Comment
well, if your along for this ride you might start questioning the long thesis – I’m not there, yet, due to my entry down in/around the low 9’s … but, certainly looks heavy. for now, we stand w/ our thesis that the low 89’s was a major low and this is a retracement in a […]
TSLA – pattern complete so off to new highs?
Posted on December 15, 2021 Leave a Comment
last post on TSLA: https://atomic-temporary-44460632.wpcomstaging.com/2021/03/26/tsla-charging-station-please/ in the last post, looks like the “percentage” or “log AB=CD” worked well and led to a 40% ish decline … that was wave 3 (orange) today, we completed the first AB=CD in the entire run … we have a little gap left open but net-net this was a very […]
NFLX
Posted on December 13, 2021 1 Comment
post on NFLX: https://atomic-temporary-44460632.wpcomstaging.com/2021/10/19/chart-of-the-year/ the target zone ID’d in the post above missed the target by 5% but has been selling off the past few weeks … a VERY clear 5 wave count is present so I’ve done my best as providing some “guidelines” to formulate a gameplan. the “thesis” is that we have completed […]
Ratio showing us something …or not?
Posted on December 13, 2021 Leave a Comment
well, we have a DAILY breakout above the channel that has been defining the ratio for pretty much all of 2021. is this a valid breakout or a gotcha? I’ll make an educated guess once we close this week out … looking for a WEEKLY close above the top of the channel w/ strength. will […]
Palladium – approaching key level … important to NASDAQ
Posted on December 13, 2021 Leave a Comment
last post on Palladium: https://atomic-temporary-44460632.wpcomstaging.com/2021/09/28/keep-an-eye-out-for-palladium-in-the-lower-blue-blox/ as you can see, Palladium is tracking down into our level ID’d above back in September. additionally, you can see that they track each other pretty nicely. it’s NOT exact but the general trend and flow is pretty much the same… during this sell off in Palladium, the NASDAQ 100 […]
BABA update …
Posted on December 5, 2021 Leave a Comment
last post on BABA: https://atomic-temporary-44460632.wpcomstaging.com/2020/08/23/baba-3/ note the thrust coming into this very important .786 retracement node. additionally, we have a 1.618 projection a little lower sitting right on top of .841 retracement. (1/1.1892 = .841 equal octave scale of music ratio) and we can throw in some polarity and bullish divergence so would expect some […]
Ratio Ratio Where Art Though ….
Posted on December 2, 2021 3 Comments
below is our ratio .. if you remember my last post, we were talking about a monthly or weekly close BELOW the consolidation and the market would take off … it started but jumped back into the channel and has been climbing ever since. what has happened in the market? some interesting selling … but […]
AB=CD on the Transports …
Posted on November 18, 2021 Leave a Comment
we last blogged about the “1.618 level” and the fact that we are in the continuation phase of completing a LOT of 5’s or we completed it at the AB=CD. that is one heck of a bearish “wick” on that candle folks … but it’s also a LOT of thrust into the AB=CD so WAIT […]
always have a blast w/ JC …
Posted on November 17, 2021 3 Comments
we follow up on why the 233 – 234 level was such a big deal …. enjoy – some nerdy stuff talked about- your warned.
VALE
Posted on November 17, 2021 Leave a Comment
when we have .618/.786 retracement levels on top of each other like below, it is good probability of support or a nice bounce … I’m not ready to call for a change in trend and this puppy goes from 10 to 30 or 40 but a quick options play in/around 10 for a bounce into […]
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