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Targets a plenty ….

02/24/2020 UPDATE: well today was a pretty smashing day as “days” go but in the big picture it’s really nothing. but, he fact that the NYSE Index hit the target – from the all time low – so nicely, we do have to be defensive as explained, roughly a month and a half ago … […]

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Traders Tip – “Hidden” Levels … or Pattern Polarity

the gifts have been unwrapped and food a plenty has been consumed … the rest of the family is watching TV and were about to go walk the beach. rained last night so no surfing .. bacteria blows. anyway, I’ve received more than a couple emails asking about the different strategies I laid out in […]

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NYSE Index – 2 percent’ish higher and we have a BIG PATTERN

Folks, it’s nothing but a pattern .. in this case, from the all time low in 1974 we have AB=CD. You can see the math below …additionally, we have the 1.618 extension w/ in 10 points of this level. The levels are less than 1% away from each other. to add some more fuel to […]

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Home Depot

quite the run w/ regard to HD. here you’ll see some projections and extensions (3.142 and 4.236 respectively) showing the ‘why’ behind the current resistance. would watch a weekly close below the red trend lines as a signal that a deep correction is/had unfolded. as you can see by my count, I’m seeing this as […]

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Utilities

been working out Utilities: https://bartscharts.wordpress.com/2019/06/08/utilities-again-ugh/ honestly, the strength is palpable and, knowing how much I trust measured moves, was somewhat ‘surprised’ at the lack of respect the Utility sector gave to the ‘math’ and PATTERNS. so, were at a juncture, again. see the chart below … I did the “how to use what you learned […]

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Ratio … appearing again

if you have been following me for a while you know I love the XLP / NYA ratio … well, it’s showing a very nice BUY pattern which ‘should’ (if it works) signify a SELL equities. here’s the chart …

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Canopy Growth – BUY pattern complete

last post on Canopy was here: https://bartscharts.wordpress.com/2019/08/25/canopy-growth/ looks like we have hit the pattern …have some nice timing w/ the ‘square out’ of Venus (H) moving 581 degrees from the high. you see PRICE is TIME is ANGLES and they are interchangeable. so, from the low we move roughly 58.12 POINTS (price) and Venus from […]

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