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Interest Rates … the trend is your friend, till it ends
Posted on February 23, 2020 Leave a Comment
the trend is your friend till it ends …
Intraday BUY ratio = sell equities
Posted on February 12, 2020 Leave a Comment
…using ratio analysis we can support risk on/ risk off strategies. in this case we use the Staples ETF (XLP) versus the NYSE Index
USD vs JPY key level ahead
Posted on February 10, 2020 Leave a Comment
USD vs JPY is a good proxy for volatility and risk on/ risk off – watch the upcoming level closely for a clue
EEM – now a SELL pattern complete
Posted on January 26, 2020 Leave a Comment
last post on the EEM was a nice BUY PATTERN: https://bartscharts.wordpress.com/2019/08/06/eem-big-buy-pattern/ now, we have a larger (purple shaded regions) SELL PATTERN that hit at the beginning of last week. for now, the EEM should stay below the 46.50 area …. for those interested in PATTERNS I’m using the colors to show how a complete pattern […]
Targets a plenty ….
Posted on January 25, 2020 Leave a Comment
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 … […]
Traders Tip – “Hidden” Levels … or Pattern Polarity
Posted on December 25, 2019 Leave a Comment
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 […]
NYSE Index – 2 percent’ish higher and we have a BIG PATTERN
Posted on December 22, 2019 Leave a Comment
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 […]
Home Depot
Posted on November 23, 2019 Leave a Comment
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 […]
