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Bitcoin Update
Posted on June 21, 2021 1 Comment
last post on the Coin: https://atomic-temporary-44460632.wpcomstaging.com/2021/06/02/bitcoin-need-some-energy-thrust-to-prove-low-in-place/ lot’s of pressure on the Coin … certainly doesn’t look like the low will hold and will plunge into the 20k’s. here’s the deal, this smells, feels (I’ve been “scrambled” (surfing term being caught inside) by a C-Wave before) and while it’s a fools game to pick tops or […]
Copper … interesting
Posted on June 20, 2021 2 Comments
it’s all about the data folks … in this case we have a monthly continuous contract of Copper Futures. the PATTERN into the low back in 1990-2000 (yes it took 10 years to complete .. read that again – 10 years) is hard to understand w/out anymore data to the left of it’s beginning so […]
start em’ early …my son JJ’s first pattern!
Posted on June 20, 2021 1 Comment
and down the rabbit hole he goes … at least he has me “guiding” him although throughout his life he’s the one who I feel is parenting … he’s questioning the “reason” that this works … but that will come, in time. “…even the very hairs on your head are numbered.” CVX – shows a […]
the Big Short (a pun)
Posted on June 14, 2021 Leave a Comment
below you will find the SHORT DOW ETF called SDOW. it’s pretty fascinating if you think about it or look at it .. your preference. basically right around the start of the pandemic around the week of 02/14/20 the volume was HUGE and the SDOW went on a nice run higher. well played … but […]
well look at that …
Posted on June 5, 2021 Leave a Comment
last post on the transports: https://atomic-temporary-44460632.wpcomstaging.com/2021/02/21/transports-a-lot-of-degrees-of-trend-coming-together-heads-up/ alert went off last week and the upper target zone on the DJ Transports has been hit ..on my monthly chart that level is 16180 and while I know a lot of you will just see a NUMBER and that’s cool but when you play w/ numbers EVERY day […]
BITCOIN … need some energy/thrust to prove low in place
Posted on June 2, 2021 1 Comment
last post on Bitcoin: https://atomic-temporary-44460632.wpcomstaging.com/2021/05/23/bitcoin-so-far-making-sense/ the chart below is the “bearish” short term case … as you can see from the title, right now, we have been making the stair steps of “higher lows” but it’s not a THRUSTING or MOMENTUM move like the one we saw off the low in/around 30K and the geometry/form […]
XLP/NYA – wow what a level
Posted on May 27, 2021 Leave a Comment
wait for a close ABOVE the dashed green line to short stocks. last post on XLP/NYA: https://atomic-temporary-44460632.wpcomstaging.com/2021/05/13/xlp-nya-at-it-again/ we have 6 ratios at the low on the ratio – that SHOULD provide monstrous support … but look at the thrust into the level. begs of caution … so, check out the ratio on Monday and next […]