Uncategorized Category
DB (Deutsche Bank) House of Cards?
Posted on May 29, 2018 1 Comment
05/29/2018 – if you search ‘DB’ on my site you’ll see I’ve been watching this company for the past couple years. Why? Well, they are the largest holder of derivatives in the world and have so many ‘tangling alliances’ w/ the major global banks that they contain some serious systemic risk. folks, this is getting […]
IBM pattern failure …
Posted on May 21, 2018 2 Comments
11/2/2018 – ouch. The area labeled ‘FAILURE OF PATTERN BELOW’ is one of those levels that ‘should’ have acted as extremely nice support for IBM. Guess the operative word is ‘should’ w/ regard to that last sentence. Take a look at that candle … boom. That folks, is what a pattern failure looks like. so, […]
IWM … caveat emptor and check out where price hovered today in my P.S below … cool.
Posted on May 17, 2018 1 Comment
I’ve seen the very strong strength shown by IWM (ETF for Russell 2000) but I also see 5 waves and monthly bearish divergence. I’m not ‘sold’ on the bullish aspect of this ETF, yet. Let’s see how it deals w/ the 2 daily butterfly patterns (bearish) that are present right in the zone of the […]
back at it … just got back from a week long Stand Up Surf Camp … where are we now?
Posted on May 13, 2018 Leave a Comment
amazing week in Punta Mita Mexico … after my daughter got married my wife ‘allowed’ me to take some R&R. Worked hard for a week on my SUP skills w/ these guys: https://supnsurfretreat.com/ if you have any interest in Stand Up Paddle Surfing do this … shout out to Chris Sfor ALWAYS being patient w/ me. […]
RATIO ANALYSIS of XLP/NYSE Index – ain’t bearish folks, yet (UPDATE June 3, 2018)
Posted on April 23, 2018 Leave a Comment
06/03/2018 – quick update to the XLP/NYA ratio. Still waiting for a BULLISH SRC to signal a ‘institutional shift’ to risk off assets in the form of staples and this ratio finding support (XLP / NYA) and starting to rise. While we did get a BULLISH MONTHLY HAMMER CANDLE in May we still have lower […]
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 […]
Bart's Charts 