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FX Currency update
Posted on May 9, 2021 Leave a Comment
last post on US Dollar Index: https://atomic-temporary-44460632.wpcomstaging.com/2021/02/22/usd-index-close-to-a-big-move-up/ well, it’s certainly getting interesting. watch the levels shown on the GBP and the EURO and USD Index to get a feel for what might be coming this week. IF we hold these levels then expect dollar strength .. EURO and POUND weak. IF we FAIL on these […]
XLP/$NYA – our favorite ratio and a twist…
Posted on May 5, 2021 2 Comments
you realize I watch the XLP/NYA ratio – a lot – and one of the things that I never did till today is look at the “time” component of the first leg down from the XLP inception. today I did and that “time” component aligns nicely w/ a “May” timeframe to really be on the […]
CSCO – getting interesting
Posted on April 22, 2021 Leave a Comment
last post on CSCO: https://atomic-temporary-44460632.wpcomstaging.com/2021/03/28/csco-follow-up-and-important-level/ note the BIG polarity principle shown from the dashed red and green horizontal lines .. waiting for a daily or weekly close below 50.32 is probably the most conservative play … also, note that the support at 51.42 is the AB=CD level and is holding as support last, while the […]
Deutsche Bank
Posted on April 21, 2021 Leave a Comment
if you have been following my blog for a while you know I keep a steady eye on DB (Deutsche Bank) for as long as “they” stay solvent the band will play on … that being said, DB is fraught w/ peril as is the entire world economy and financial infrastructure. yes, I just typed […]
MJ update
Posted on April 21, 2021 Leave a Comment
last post on MJ: https://atomic-temporary-44460632.wpcomstaging.com/2021/04/13/mj-alternative-harvest/ target hit today so should be long and stop out if we go below the 19.53 low and we can try again
Bitcoin Update – Island Reversal
Posted on April 18, 2021 1 Comment
last post on the Coin: https://atomic-temporary-44460632.wpcomstaging.com/2021/04/13/bitcoin-update/ our last post on Bitcoin ID’d multiple patterns … multiple AB=CD, a 3 drives and a butterfly sell all in the 65-68 area. in my original post I just took a look at the chart “real time” and said 66-67 but did some work on the intraday charts and […]
TBT – tricky
Posted on April 15, 2021 Leave a Comment
please see chart below … ultimately, it’s about risk control and how much risk one is willing to take. our thesis is the 14-15 dollar low was a BIG low and we are very early in a multi-year (multi-decade (?)) rise in interest rates. yup, you just read that correctly …so to manage risk, one […]
Global Dow target hit
Posted on April 15, 2021 1 Comment
last post on Global Dow: https://atomic-temporary-44460632.wpcomstaging.com/2021/01/10/global-dow-9-10-higher/ note PRICE and TIME of the wave 1 and wave 5 in this wave starting from 2009. we are attacking the target zone for an inflection – now. stay tuned
BITCOIN update
Posted on April 13, 2021 1 Comment
last post on BITCOIN: https://atomic-temporary-44460632.wpcomstaging.com/2021/03/26/bitcoin-futures/ Bitcoin has made, as expected new highs and there is probably some more to go … that being said, the count has worked thus far so I’m sticking with it. always open to get the eraser out, as many of you know, but for now we are advancing in the […]
MJ – Alternative Harvest
Posted on April 13, 2021 1 Comment
explosive move upward, 3 drives to a bottom into the .618 retracement and now the AB=CD. taking a crack at LONG MJ in/ around here or the entire 20 price zone and wrong below the low of 19.51. not a bad risk/reward
