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Disney … 5’s all around
Posted on March 26, 2021 Leave a Comment
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 …
Bitcoin Futures
Posted on March 26, 2021 1 Comment
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 […]
the ratio (XLP/NYA) is the ONLY thing I’m watching w/ regard to equities …
Posted on March 21, 2021 Leave a Comment
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 […]
Yikes …. MAJOR SUPPORT for TLT
Posted on March 18, 2021 Leave a Comment
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 …
IWM – KEY SUPPORT
Posted on March 18, 2021 Leave a Comment
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 […]
Goldman Sachs
Posted on March 17, 2021 1 Comment
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)
UNG / Nat Gas update
Posted on March 14, 2021 1 Comment
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 […]
Bart's Charts 