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NASDAQ update
Posted on September 1, 2021 Leave a Comment
I redid my NASDAQ chart at the request of a friend .. the other night, when I posted it, I just drew the “AB=CD” and figured I would tighten it up over the weekend …I did tighten up the target w/ some more precision. the AB=CD has been hit. how did we get this target? […]
IWM and another upcoming chat w/ JC …
Posted on August 30, 2021 3 Comments
tomorrow, have the opportunity to sit down w/ JC and continue our discussion around Fibonacci and vibrations and patterns …I’ll post the talk after its completion and believe it’s also live streamed on Twitter. We’re doing it after the market closes … in the last episode he specifically asked that we spend time on the […]
Important Correlation
Posted on August 22, 2021 1 Comment
chart below has Palladium w/ the NYSE Index overlaid on top. the candles are Palladium and the blue line is the NYSE Index ($NYA) note, currently, Palladium is correcting pretty steeply … in the past, this has led to the overall stock market to correct also. is this time different?
been watching the XLP/NYA level …
Posted on August 22, 2021 Leave a Comment
last post: https://atomic-temporary-44460632.wpcomstaging.com/2021/05/05/xlp-nya-our-favorite-ratio-and-a-twist/ as the market continued to climb to new highs, if you look at the chart below you’ll notice that it did not move to new lows. no, in fact it has been basing since Feb .. almost 6 months. in a truly bullish environment, it would be game on and this ratio […]
AMC – update
Posted on August 21, 2021 Leave a Comment
my last post on AMC: https://atomic-temporary-44460632.wpcomstaging.com/2021/08/04/amc-heads-up-in-the-zone/ well, it went and hit right at the top – exactly I think – of our target area and is built a series of 3 higher lows (daily) …but we do have an entire “zone” of support in/around 24-28 so this could be a dead cat bounce. give it […]
US Dollar Index – update
Posted on August 17, 2021 2 Comments
keep an eye on this very very very key level on the USD Index. correspondingly, here’s a EURO BUY PATTERN present inverse to the USD. (it’s usually how it works) these are the key levels …be on the lookout.
Financials – it’s pretty much all that matters – right now
Posted on August 15, 2021 Leave a Comment
they lead us UP and they lead us DOWN. the banks, financials … it’s that simple. that being said, the move since March 2020 has been strong and straight up .. kaboom that’s a face ripper higher and, frankly, caught me off guard. why? well … the ZIRP, the multiple trillions (yes I just typed […]
always a GREAT time w/ JC @allstarcharts
Posted on August 14, 2021 4 Comments
was able to spend a Friday afternoon w/ JC and his production crew and we were talking about “why” fibonacci ratio’s work in the market … here’s my best guess. LOL
US Dollar Index and others
Posted on August 10, 2021 Leave a Comment
last post on EURO and USD: https://atomic-temporary-44460632.wpcomstaging.com/2021/05/23/us-dollar-index-and-euro-come-to-papa/ this is a VERY nice SELL PATTERN on the USD that, if it works, would take us into the monster BUY zone depicted on the last blog.