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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 […]
%AB = %CD and, well, that’s all she wrote …XIV
Posted on February 9, 2018 Leave a Comment
I don’t like to post ‘after the fact’ but I was on some business travel this week and away from my charts. A while ago I could see the parabolic rise occurring in the XIV (inverse VIX) and made a calculation using log percentage moves * .618. While the market pulled back (XIV) from this […]
GE – ratio analysis, it’s the lowest in 40+ years
Posted on February 3, 2018 1 Comment
02/03/2018 have been eyeing GE BUY for the past couple weeks and am still hawking the 13.70-14 area. decided to do a ratio analysis of GE/NYSE. Folks, it’s the lowest relative strength for GE versus the boarder market (NYSE) in 40+ years. from a contrarian perspective .. this puppy is really really beaten up. am […]