Uncategorized Category
XLK/XLP update – Ratio Analysis and the power of waiting – update 11/5
Posted on September 8, 2020 Leave a Comment
11/05/2020 – yes, some insanity is ongoing everywhere. that being said, we trust PATTERNS and tune out all the noise. In this case, we had the expected reaction to the resistance levels sighted below and, now with this rally, we have another SELL pattern coming into play. SELL THE RATIO = SELL TECH. NOTE – […]
Muni’s … key, again
Posted on September 7, 2020 Leave a Comment
MUB has very strong resistance above and look what happened the first time it hit this level.
NVDA Musical Polarity and the Vesica Pisces
Posted on September 5, 2020 Leave a Comment
I was asked to look at NVDA and, while it hit a nice top at/around 575 I usually don’t like to do post like these because it’s a “could have, would have, should have” type of post but I wanted to show some readers the GEOMETRY working w/ NVDA. In this case, we picked the […]
Parabolic Moves
Posted on September 1, 2020 3 Comments
Parabolic moves are amazing … if your short and your on the wave ride it and if your riding the long wave in the emotional fueled rally then find your line and carve …just don’t get greedy. The fact is parabolic moves never (strong statement) or shall I say ‘most of the time’ don’t end […]
MSFT – everyone reading this post learned how to make a circle form 3 points …
Posted on September 1, 2020 4 Comments
folks, honestly, being in the parabolic wave is quite the rush and I’m 100 percent guilty of getting out too early and I would really love it if someone told me they got in at the exact bottom and took it all the way to the top … bless you if you have! 🙂 finding […]
XLK / XLP
Posted on September 1, 2020 Leave a Comment
today, the market opened ABOVE our target zone and on a weekly basis we need to see if CLOSE above this level on Friday … folks, the sentiment indicators are thru the roof and nothing like anything I have ever seen before …. that being said, the market is ALWAYS right so we need to […]
XLK / XLP TARGET HIT
Posted on August 29, 2020 2 Comments
if you look at this chart …it is hard to make sense of it all. at least for me ….you see the EUPHORIA and SENTIMENT indicators are at extremes and expressing bullish optimism all the way back 30+ years. I’m going to say it once and for all … folks, it’s different this time. the […]
Chipotle Mexican Grill (CMG)
Posted on August 29, 2020 Leave a Comment
all, the burritos out her in San Diego are the best in the country- there I said it. I have a couple favorites and me and my son have a tradition of grabbing a Carne Asada or Cali Surf burrito every time we jam on some early morning jam sessions in the water surfing. the […]
BABA
Posted on August 23, 2020 1 Comment
a lot going on in this chart … bottom line is either here or a little higher we have significant resistance with the most “basic” of price projections completing the AB=CD. in this case we have two AB=CD’s a larger orange one that starts at the all time low around 58. and a “fractal” blue […]
A look at Gold …
Posted on August 11, 2020 Leave a Comment
that was one heck of a breakout from the triangle back down around 1350! yikes … played the triangle well but took profit WAY too early. but, then again, anytime you can say “took profit” then yeah! why would you take profit w/ the mania that is gold … and that’s the reason: “mania.” Sentiment […]
Bart's Charts 