Uncategorized Category
don’t forget this target on my favorite ratio …
Posted on March 1, 2021 Leave a Comment
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 […]
German DAX – circle holding
Posted on February 25, 2021 Leave a Comment
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 …..
New Taiwan Dollar
Posted on February 25, 2021 Leave a Comment
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.
USD Index – close to a BIG move UP?
Posted on February 22, 2021 1 Comment
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/ […]
IWM – is that it?
Posted on February 21, 2021 2 Comments
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 […]
Transports – a LOT of degrees of trend coming together … heads up
Posted on February 21, 2021 2 Comments
it’s time to really start paying attention to the market across the board. in this case, there is a high probability that this count is correct. I was able to use some of the data from the peeps at http://www.elliottwave.com. I enjoy their newsletter and while sometimes too early, in the end, they have proven […]
the Ratio … XLP/NYA giving us clues
Posted on February 14, 2021 1 Comment
the last time I posted about the XLP/NYA was here: https://atomic-temporary-44460632.wpcomstaging.com/2021/01/24/ratio-analysis-key-level-hit-on-the-xlp-nyse-index/ as you can see, the ratio hit this level, held and the market sold off for a couple days. the market strength the past week has been impressive and, with that, the ratio “failed” at the level indicated and, as you can see, we […]
XLP/NYA ratio update
Posted on February 1, 2021 Leave a Comment
the PATTERN failed this AM and the market pushed higher. for a correction in the market to continue in earnest, you can see we need the .786 level to hold. right now, the low back in late/mid January should not be taken out to the downside w/out a little more pullback in equities. also, note […]
Bart's Charts 