Uncategorized Category
Crude – BUY PATTERN in/around 52-53
Posted on August 6, 2019 Leave a Comment
like the EEM … big support here. if we lose it, look out below … note, the 15 minute and 240 minute patterns … it shows the fractal nature of the market and, in this case, we have a pattern (15 minute (orange w/ dashed black outline) w/in a BIGGER 4 hour pattern (light blue) […]
EEM – big BUY pattern
Posted on August 6, 2019 Leave a Comment
note, we finished a very nice BUY pattern on the EEM yesterday. it was nice in both PRICE and TIME. it ‘held’ in/around 38’s but is plowing into a pretty big daily gap. additionally, the THRUST into this level was pretty significant. any further weakness below the 38’s is significant for EEM. also, note .841 […]
Semiconductors
Posted on July 27, 2019 Leave a Comment
the biggest thing that I’m seeing is we are finishing an AB=CD in percentage terms of around 878.48 percent right at the 1.27 extension from the 03/2000 high. throw in a little bit of bearish divergence on the monthly and I’ll surmise we have some stiff resistance coming in from 1684-1856. Note, if (the big […]
monitoring the NYSE Inex
Posted on July 18, 2019 Leave a Comment
my last two posts concerning the NYSE Index and the relative strength of the index (ratio analysis) are here: just providing an update as it looks like the NYSE Index is about to start a ‘corrective’ leg down … then, ultimately, I will be looking for the BUY PATTERN lower (will try to update if/when […]
TLRY – major square out complete/happening (TILRAY)
Posted on July 7, 2019 Leave a Comment
take note of Tilray (TLRY) and put this one on your radar screens. we have a big ‘square out’ occurring and this theory is based on the fact that PRICE and TIME are the same thing … so, the theory goes, if we start from a low (in this case) and go up to a […]
Ford – revisited
Posted on June 30, 2019 Leave a Comment
have been watching Ford (F) for a while and here’s the work that went into looking for the mid – 7’s to 8’s to hold: https://bartscharts.wordpress.com/2018/09/09/f-ford-set-up/ from that level, you can see we have had a very nice and orderly advance and, for now, it appears to be in 5 waves. IF this analysis is […]
Silver redux
Posted on June 17, 2019 1 Comment
almost 4 years ago I blogged about the Silver Fractal that was present in the LONG TERM (going back to 1972) Silver futures (continuous contract) chart. here’s the link to the blog: https://bartscharts.wordpress.com/2014/11/06/the-silver-fractal-you-want-to-study-this-chart/ so where are we now. Pay attention to the bottom formed in the 1990-2000 – it took a decade to consolidate. have […]
Walmart WMT
Posted on June 16, 2019 1 Comment
have blogged about WMT here: https://atomic-temporary-44460632.wpcomstaging.com/2016/01/30/wmt-into-the-high-60s-2/ a ‘bearish’ butterfly pattern is forming along w/ a projection from the all time low. Expect 110-120 to be formidable resistance in coming days weeks.
Visa
Posted on June 16, 2019 Leave a Comment
been on quite the tear. expect some near term resistance for now …found it interesting that the all time low + 161.8 exactly equals the high, for now.