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Oracle Sell Pattern in/around 53-56 updated from December 2014 updated 04/01/2018
Posted on April 1, 2018 Leave a Comment
04/01/2018 – update to ORCL chart below. Looks like it wanted to go up and finish the ‘long term’ projection. we have a monthly signal reversal candle as of Thursday so this one could very well be cooked for now. Still have the upper area for targets but risk is to the downside. Now, I […]
S&P 500 logical stopping point …
Posted on March 31, 2018 Leave a Comment
03/31/2018 – I love measured moves. Frankly I think they are 1/ the easiest and most powerful indicators we have as technicians and 2/ one of the least used. If you remember it’s how what we used to make an amazing buy on crude as it was plunging into it’s lows … measured moves on […]
GE for a friend … let me know if you have any questions UPDATE: 03/31/2018
Posted on March 31, 2018 Leave a Comment
03/31/2017 – I like the .786 level in/around 10.95-11.56. Note the percentage change from the 2000 high (-64.69%) and how that same percentage change is present now right at the .786 retracement. We are at 40+ years low on the RSI and some overlapping ratio’s. It’s do for a very nice bounce. 12/7/2017 – […]
NASDAQ – heads up, big target hit UPDATE – Island Reversal Present on Daily
Posted on March 13, 2018 Leave a Comment
03/20/2018 – heads up, sure looks like an island reversal present on the NASDAQ monthly. ___________________________________________________________________________________________________________________________________ not only do we have the 1.618 extension from 2000-2002 being hit but we also have a 1.27 AB=CD from the all time low and a 3.618 WX=YZ all being hit today. this ‘should’ be pretty significant resistance. a […]
Value Line (Geometric) Index – another 10% to go? Updated 03/04/2018
Posted on March 4, 2018 1 Comment
target above is still out there … certainly appears feasible to go up and tag it ….604-614 is the zone.
Value Line (Geometric) Index – another 10% to go? Updated 03/04/2018
Posted on March 4, 2018 Leave a Comment
target above is still out there … certainly appears feasible to go up and tag it ….604-614 is the zone.
Love you long time …? Does this pertain to the economy?
Posted on February 27, 2018 Leave a Comment
First off, I love the Hustle. I look forward to it every AM and thank my good friend MM for introducing me to it … they did a GREAT email today about ‘bang bang’ birth rates and it’s correlation to recessions over the past 15 years. As a data junky would certainly like more data […]
DB .. KEY BUY PATTERN in work … like I said at the Chart Summit “not sure which work and which don’t” (pattern)
Posted on February 11, 2018 Leave a Comment
Deutsche Bank – they hold the largest amount of systemic risk in the global banking environment. As discussed at the Chart Summit I love failed patterns. We have a BUY PATTERN appearing below on DB … if it holds, breathe a sigh of relief and a move upward ‘should’ occur and that ‘should’ relieve pressure […]