Uncategorized Category

Yikes …. MAJOR SUPPORT for TLT

ton of math coming in 129-131 … for those bond proponents out there, this better hold or we could accelerate even more. figure a daily close below 128 is a failed pattern …

Read More

IWM – KEY SUPPORT

last post about IWM: https://atomic-temporary-44460632.wpcomstaging.com/2021/02/21/iwm-is-that-it/ that’s the great thing about patterns … they work or they don’t. WHEN they do, they tell you something. conversely, when they DO NOT work, they tell you something. I’ve been showing a 5 wave count in IWM for a while and, just recently, it went up and tagged our […]

Read More

Goldman Sachs

well, look at this …. this a MONTHLY BUTTERFLY SELL signal on GS. Target zone is 360-376. Since it’s so large would WAIT for a signal reversal candle before entering a short …the AB=CD is at 360 (bottom range of the zone)

Read More

UNG / Nat Gas update

last post: https://atomic-temporary-44460632.wpcomstaging.com/2020/12/03/natural-gas-and-ung/ update: rolling into a BUY zone for both futures and UNG. IF the thesis that a BIG low is in place THEN we should find support and then continue upward. take time to look at the long term Nat Gas Continuous Contract chart … you can see the “major” trend line which […]

Read More

don’t forget this target on my favorite ratio …

note, on the monthly, looks like we will start the month closed below the key trend line from 2007. and he market accelerated upward. that being said, we are approaching the “target zone” for a lot of math and I also want to call your attention to the monthly RSI and the support zone that […]

Read More

German DAX – circle holding

original post: https://atomic-temporary-44460632.wpcomstaging.com/2021/01/30/german-dax-hit-top-of-circle/ for now, the circle area holds .. note, as an FYI, wave 1=wave 5 at the target zone …..

Read More

New Taiwan Dollar

well, the US struck Syria today. Spratley’s are heating up and, well, they always have … made me think of China and Taiwan. Would you check out the BUY PATTERN on the New Taiwan Dollar? Two MAJOR patterns on a monthly chart all coming in/around the same area. PAY ATTENTION.

Read More

USD Index – close to a BIG move UP?

if you have been following my blog, you’ll remember the big measured moves that were around when the dollar was carving out THE low. they have appeared/are appearing again. w/ a wrinkle … using “basic” monthly cycle tools you can see that we have a BIG cycle coming in this month which lines up w/ […]

Read More

IWM – is that it?

adding to this last post about IWM: https://atomic-temporary-44460632.wpcomstaging.com/2019/03/02/iwm/ I’m teaching my son about “advanced” Pattern Recognition … it’s fun and the big thing we keep hammering into each other is trade what you SEE not what you think/believe. (thanks Larry P) well, here is IWM. what do I see: a VALID wave count that breaks […]

Read More