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Canopy Growth – BUY pattern complete
Posted on October 15, 2019 Leave a Comment
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 […]
S&P 500 futures – update
Posted on August 31, 2019 Leave a Comment
09/12/2019 – market blew thru the pattern level and is very close to setting new highs in the ES. This represents a failed pattern … if you look we have some numbers coming in right below old high but as far as the VERY NICE sell pattern that was present – it’s cooked. back to […]
Sunday night … rocking and rolling
Posted on August 25, 2019 Leave a Comment
as expected, we are rocking and rolling on Sunday night (08/25/2019) – no doubt it’s going to be an interesting day tomorrow. as you can see, the futures did gap down, but found support perfectly on the BUY pattern at 2811. this level is key to hold overnight and over the coming couple of days […]
Canopy Growth
Posted on August 25, 2019 1 Comment
when looking for a pattern (BUY or SELL) we do 3 things .. project, extend, retrace. in the case of CGC we have a ‘zone’ of support in/around 16.50-20 to look for a buy pattern. the projection – in this case the simple one is the blue arrow and we have the classic AB=CD or […]
Value Line Update
Posted on August 18, 2019 Leave a Comment
note, nice and PERFECT BUY on the Value Line – hit on Friday. in order to remain bullish, need this level to hold …
MUB – Muni’s
Posted on August 18, 2019 Leave a Comment
looks like a nice breakout from a 6 year resistance zone … that being said, a LOT of number coming together around 118-121
Trendlines
Posted on August 14, 2019 Leave a Comment
nice little trendline ‘creator’ that Michael Jenkins taught me .. when the markets start rocking and rolling I like to find out what the ‘true’ trend lines are telling us … in this case, certainly can make the case that Mars Helio trend line has been important – just look at the chart below. let’s […]
TBT
Posted on August 8, 2019 Leave a Comment
09/12/2019 – as discussed below, took my lumps on trying to go long TBT. so am watching it to try another LONG (yes LONG) TBT. note the volume spike and also the 52 ish percent moves down seem to cause bottoms. also, take a look at the 30 year continuous chart … we very well […]
