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YEN vs USD …certainly smells like a multi year triangle …
Posted on November 1, 2018 Leave a Comment
well, when we last posted, we were looking for the YEN to complete a multi year triangle. holy smokes, it certainly dumped today. the key here, as you will see below, is that it did ‘exactly’ what its supposed to do … in a triangle you look for price correlations that are .618 the preceding […]
New York Stock Exchange – a BUY pattern emerges UPDATED
Posted on October 28, 2018 Leave a Comment
11/19/2018 – revisiting this pattern from the end of October. The levels indicated have NOT been hit so, believe it or not, this is ‘standard’ corrective move in the NYSE Index since 2009. Thus far, every major correction has been the dashed red arrows. also, we have polarity support area and then we have all […]
I like to draw circles … just work w/ me. how the 1987 low and recent high are connected by geometry
Posted on October 11, 2018 Leave a Comment
a couple weeks ago I posted this: https://atomic-temporary-44460632.wpcomstaging.com/2018/08/30/jpm-and-tops-of-circles/ it was some geometric work I did on JPM and ‘real time’ the top of a circle. I do have a theory of ‘why’ this technique works in projecting support or resistance but I’ll leave that to me and some of my friends. it really doesn’t matter – […]
(F) Ford set up – redux
Posted on September 9, 2018 1 Comment
05/18/2018 the zone we were looking at below was hit … any sustained pullback should be bought. look for increased volume and rotation moving forward. 10/21/2018 F has hit the zone for the projections sighted a few weeks ago. a weekly ‘doji’ has formed but no real bullish divergence. perhaps continue to wait till […]
New York Stock Exchange Index – $NYA
Posted on September 2, 2018 1 Comment
the NYSE Index has a TON of stocks in it and is a very good gauge of the overall health of the market. As you can see there is still a much bigger target (almost perfect – an AB-CD and 1.618 extension on top of each other ON A MONTHLY) out there in/around 14217. But […]
LULU -update 06/13/2020
Posted on August 30, 2018 Leave a Comment
if we look at the chart below, we’ll see that LULU was running up in wave 3. for all intensive purposes, it appears wave 3 is complete/completing. I’ve put some initial targets for the correction but these are WAG’s. we’ll watch over time but IF (the big IF) this count is correct, then we should […]
JPM and tops of circles
Posted on August 30, 2018 1 Comment
if you do a search for JPM on this site you’ll see it’s pretty much ‘paused’ at every PATTERN out there but ultimately broke thru and kept going higher w/ strength. Good on em’! we are again at a PATTERN completing. Top of a circle, 1.618 price projection from the all time low, 2.71828 (natural […]
One of the most important charts out there … R A T I O P O L A R I T Y
Posted on July 13, 2018 Leave a Comment
11/20/2018 – so, this ratio is running the show right now. if you read the below NONE of this should be a surprise as the PATTERNS worked and the XLP/QQQ buy pattern has taken off, causing a risk off mindset and the NAZZIE to get blasted. That being said, all is not lost. While I […]
