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UNG – Natural Gas – catch the next wave?
Posted on November 9, 2021 Leave a Comment
last post on NAT GAS / UNG: https://atomic-temporary-44460632.wpcomstaging.com/2021/11/01/ung/ the game plan/strategy is to BUY the first PATTERN in a “new” trend and if it works then probability is that the trend change is real … Energy, Ags, etc. are exploding of late and GLOBAL shortages that are becoming apparent pretty much every day are REAL. […]
NFLX
Posted on November 7, 2021 Leave a Comment
last post on NFLX: https://atomic-temporary-44460632.wpcomstaging.com/2021/10/13/nflx-abcd/ as you can see, the NFLX AB=CD failed by, roughly, 4% and w/ this price point one would have some pretty big exposure if playing single shares ….. I considered that PATTERN failed. that being said, it was a PRETTY HUGE pattern (hence I called it chart of the year) […]
XLP / NYSE Index Updated
Posted on November 7, 2021 Leave a Comment
would still like the ratio to get down to the “major support zone” to get a real feel for the continued bull run. also, continue to watch Banking Index.
IWM … read this post to get your mind blown … if you want
Posted on November 3, 2021 Leave a Comment
last post on IWM: https://atomic-temporary-44460632.wpcomstaging.com/2021/08/30/iwm-and-another-upcoming-chat-w-jc/ holy smokes .. the underlying BULL market that we have right now is pretty amazing … I went on to chat w/ JC of @allstarcharts.com a couple months ago and we talked a LOT about IWM. we went over the MATH of why it stopped where it did and, folks, […]
UNG
Posted on November 1, 2021 3 Comments
nice pattern and structural support (based on polarity) in/around 14.60-16.09, do not believe this is done by any stretch, for now.
Chart of the Year …
Posted on October 19, 2021 1 Comment
there was and still is (for those who have the PRIVILEGE to do it) something so amazing about the feeling of going BONS (Boots On Non Skid) of a US Naval Aircraft Carrier. it wasn’t a ‘bravado” thing as people would believe from the characterization of Naval Aviators but – for me – it was […]
so … who is eating who?
Posted on October 19, 2021 1 Comment
last post on current market conditions: https://atomic-temporary-44460632.wpcomstaging.com/2021/10/17/sometimes-you-eat-the-bar-and-sometimes-it-eats-you/ if your someone trying to get short – sure looks like the bar is eating you …if your trying or are long looks like you are eating the bar … man, this is interesting. 1/ as a PATTERN recognition expert I can say that the PATTERNS for selling […]
Sometimes you eat the bar and sometimes it eats you …
Posted on October 17, 2021 1 Comment
love that saying from the Big Lebowski … what a great movie. so, here we go folks .. I’ve just ran thru the DJIA, NASDAQ and S&P 500 and ALL have sell patterns. what does that mean? well, nothing … right? it’s all probability … but, that’s what we play, probability …so, we have Gartley […]
Goldman Sachs
Posted on October 17, 2021 Leave a Comment
we had a VERY nice pattern coming in around the 370’s and it’s basically failed. as you can see the high was a 1.27*ab=cd but w/ this strength thru the lower pattern that failed, would WAIT for a daily close below 372 before putting any type of short out there … w/ the strength in […]
Bart's Charts 