Uncategorized Category

UNG/Natural Gas Update again …

last post on Natural Gas: https://atomic-temporary-44460632.wpcomstaging.com/2021/03/14/ung-nat-gas-update/ I’ve had a couple people text me over the past couple days regarding Natural Gas and UNG. well, right now UNG is definitely a dog and I went a little red today but I’m going to stay w/ this one because 1/ this is a LONG TERM play and […]

Read More

IWM is that REALLY it …?

last post on IWM: https://atomic-temporary-44460632.wpcomstaging.com/2021/02/21/iwm-is-that-it/ I also blogged about KEY SUPPORT in/around 224-225. that was the FIRST PATTERN BUY in this long term uptrend. is that uptrend still alive? if you go back to the last post mentioned above, you can see a very clear 5 wave move that, and this is important, BREAKS NO […]

Read More

EURGBP

for us currency traders out there … this is a good one. here’s to probability …

Read More

CSCO follow up and important level …

last post on CSCO: https://atomic-temporary-44460632.wpcomstaging.com/2016/03/14/go-ahead-and-hate-csco-appears-ready-to-breakout-and-outperform/ was 5 years ago. crazy how time flies. checking in on CSCO we are at a VERY important point as CSCO is showing the completion of a near perfect SELL SIGNAL but due to thrust, if the pattern works, would wait for a signal reversal candle below 50. if the […]

Read More

Disney … 5’s all around

Well … here’s $DIS on a long term Monthly. sure looks like 5 waves are complete or completing to me .. note the bearish divergence on the RSI. pull the plug …

Read More

Bitcoin Futures

turned bullish on Bitcoin down around 6-7K and off it went…. the past couple weeks have been interesting as it’s been hovering around the 50-60K mark. I’m still bullish. as for – right now – I see another leg up to make a newer high and then a BIG 4th wave correction and then another […]

Read More

the ratio (XLP/NYA) is the ONLY thing I’m watching w/ regard to equities …

I’ve been monitoring the ratio, daily, for a while as I really wanted the ratio to go down into the “major support” area as I could then feel probability was on my side to take a crack at shorting the market. yes, shorting the market … if you’ve been reading my blog for a while […]

Read More