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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.
Value Line Geometric – updated 08/14/2019
Posted on June 11, 2019 Leave a Comment
08/14/2019 – a very important BUY PATTERN is appearing on the Value Line Composite (Geometric). Again, it’s all PATTERNS and we don’t know which ones work or which ones will fail … but we can do IF and THEN statements to get an idea of the trend and where are … in this case we […]
update for the JPM geometry
Posted on June 10, 2019 Leave a Comment
blogged about JPM a while ago: https://bartscharts.wordpress.com/2018/08/30/jpm-and-tops-of-circles/ saw a bunch of geometry coming in around 120 and, thus far the geometry has held for almost 1.5 years .. would stay away until this level is exceed on a monthly close above the 120 level … geometry is holding it …
XLP/NYA ratio analysis – an update
Posted on June 9, 2019 1 Comment
06/09/2019 – back to our old favorite. you know I’ve been watching this one for a while. I was hawking a low in the ratio in mid-2018 but missed it from a time perspective … then, in retrospect, easily saw the measured move and the .786 retrace. I’m human, I missed it. should have been […]
DB Oblivion …redux 03/11/2020
Posted on June 9, 2019 Leave a Comment
03/11/2020 the epicenter of the Corona Virus is China. the epicenter of the REPO crisis is DB. DB breaking to new lows is NOT A GOOD THING. ding ding … here comes the REPO train and we DO NOT want to be on it … you can follow the saga of DB here: https://atomic-temporary-44460632.wpcomstaging.com//?s=db what […]
Utilities – again, ugh
Posted on June 8, 2019 1 Comment
If you’ve been following me, I saw a very nice SELL PRICE and TIME PATTERN on the Utilities. It worked for a while and then failed as the Utilities continued to climb. I was stopped out of the TBT long I tried and, while not exactly correlated, you can sometimes look at the Utilities and […]
GLD UPDATE
Posted on June 2, 2019 Leave a Comment
need to respect the move UP in Gold last week … was ‘hoping’ (a strategy) that we would see another leg down into the circled area to complete the multi-year triangle and then a very strong move up … watch over the coming days and especially this week. Bart