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Interesting chart … XIV (inverse VIX) UPDATED and UPDATED again and UPDATED again
Posted on September 17, 2017 Leave a Comment
09/17/2017 – well, as you know, the SELL PATTERN on the NYSE Index got smoked ..NOTE the gap UP RIGHT AT THE PATTERN LEVEL. that’s a failed pattern … now, the XIV has hit the target zone but I’ve updated it based on the most recent action. It has NOT made a new high and […]
XLP / $NYA – wow, what a “perfect” sell pattern on the ratio – means BUY equities (if it fails, watch out) UPDATE
Posted on September 17, 2017 Leave a Comment
09/17/2016 – as you can see below, this SELL the ratio (BUY THE NYA Index) worked very nicely. Again, for those of you new to my blog the concept is this: Me or You individually don’t do a darn thing to move the market. It’s the INSTITUTIONS that make the market. When they get ‘risk […]
BITCOIN Investment Trust … why did it stop today? UPDATE to the UPDATE to the Update (I like doing these updates)
Posted on September 16, 2017 Leave a Comment
09/16/2017 – note the 55% correction and the AB-CD pattern which caused the move up late last week. the 680 level is the KEY level to watch for resistance moving forward. more updates to follow … amazing, even in the midst of this chaos of a bubble, the ‘log’ percentage retracements and the AB-CD worked […]
MSFT – two long term projections complete. “Make or Break” next week …
Posted on September 16, 2017 Leave a Comment
09/16/2017 – MSFT has hit and, as of now, closed above (albeit slightly) above the long term price projection levels. Next week will ‘make or break’ in my mind this monstrous bull run. IF this puppy stops in/around here would wait for a monthly SRC (signal reversal candle) to make any move .. that’s roughly […]
now the 6th update on the US Dollar
Posted on September 12, 2017 Leave a Comment
09/12/2017 – since the last Dollar post in May got smoked I stepped back and let this puppy run. I’m still in the “I don’t know camp’ with regard to the dollar finishing a multi year A-B-C advance and this is the beginning of the end for the US Dollar (low probability) OR we have […]
$TSLA – nice BUY pattern emerging
Posted on September 10, 2017 Leave a Comment
09/10/2017 – here’s an update to TSLA. I know another 16% drop from current levels seems excessive .. BUT in that area we have polarity, a bunch of ratios and a SQUARE ROOT target. Also, if you look closely, we have a WEEKLY gap from 282-285 to monitor. It’s still open. Over the coming weeks, […]
$DIS (Disney) short set up
Posted on September 9, 2017 Leave a Comment
09/09/2017 – Disney is getting some attention of late and it’s been a while since I blogged on this American Icon. Here’s an update: DIS monthly Note, the technique used to find resistance and support w/ the Adam’s pitchfork. When using the pitchfork, sometimes (it’s an art not a science) we take the 3rd point […]
Disney (DIS) looks like a high level triangle has formed and now (or soon) ready to move higher …
Posted on September 9, 2017 Leave a Comment
7/14/2018 – some nice thrust out of the ‘e’ point gives us a higher probability that the triangle thesis is working. IF correct then expect equal-above 122 to be the initial target for this leg that should go higher. once prices get above 122 I would be defensive as triangles ‘usually’ occur in a 4th […]
UTX
Posted on September 5, 2017 Leave a Comment
was cruising the charts after work today and came across UTX. 3 AB=CD’s on a monthly usually cause resistance. which, it appears they have … note, when you multiply 1.05946*AB=CD you get the exact high. 1.05946 being the ratio used for the Pythagorean Scale of Music and the 12th root of 2. anyway, could be […]
Interesting chart … XIV (inverse VIX) UPDATED and UPDATED again and UPDATED again
Posted on September 4, 2017 Leave a Comment
09/04/2017 – as you can see by the chart below the XIV is forming a ‘classic’ sell signal. If you look closely (not labeled here) we can see a 5 wave count down. w/ this rally, we should expect another wave lower. that’s what ‘should’ happen BUT you never know. we have: dashed red arrows […]