Uncategorized Category

always have a blast w/ JC …

we follow up on why the 233 – 234 level was such a big deal …. enjoy – some nerdy stuff talked about- your warned.

Read More

VALE

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 […]

Read More

UNG – Natural Gas – catch the next wave?

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. […]

Read More

NFLX

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) […]

Read More

XLP / NYSE Index Updated

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.

Read More

IWM … read this post to get your mind blown … if you want

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, […]

Read More

UNG

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.

Read More

Chart of the Year …

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 […]

Read More

so … who is eating who?

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 […]

Read More