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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 […]
BITCOIN Investment Trust … why did it stop today? UPDATE to the UPDATE
Posted on September 3, 2017 2 Comments
09/03/2017 – Update as of Sunday 09/03/2017. Folks, sometimes the PATTERNS/numbers work and sometimes they don’t. This time, appears the numbers we respected and we had a very large sell-off in $GBTC. Stay defensive for now .. a move into the high 400’s isn’t out of the question after such a parabolic run. Good weekend […]
BITCOIN Investment Trust … why did it stop today? UPDATE
Posted on August 31, 2017 Leave a Comment
08/31/2017 – well Barron’s nailed the high in the US Dollar Index declaring the “Mighty Dollar” but this one hasn’t been as reliable as the ‘top or bottom’ caller when something makes the front page. so, below you’ll see an updated Bitcoin Investment Trust update … sure looks like it’s hitting some strong resistance. Still […]
I STILL think this is a big deal … Utilities… an update
Posted on August 24, 2017 1 Comment
08/24/2017 – hard to believe it’s been a YEAR since I last posted on the Utilities … at the time, as you can see below, the DJ Utilities Average was about to equal it’s measured move (the blue arrows) along w/ hitting a 3 drive monthly pattern at the 2nd drives 1.618 expansion target. The […]
PCLN continuing to monitor and update as an FYI it hit the top of the circle!
Posted on August 18, 2017 Leave a Comment
08/18/2017 – been a long time since we looked at PCLN. Frankly, when a pattern like the one at 1600 fails, it’s just time to step aside. so, today, I took a peak at the first big move down and the eye was drawn to the radius. so, in the world I live … it […]
keep an eye out on Solar … ratio analysis
Posted on August 7, 2017 Leave a Comment
my fellow CMT’r David Keller did an excellent post around solar stocks. frankly, I never even looked at them before … so after reading the post I thought ‘why not do a TAN (solar ETF) / XLE (energy) ratio and see what it tells us … certainly looks like we are coming close to the […]
STOXX Banks for a friend overseas …UPDATE to the UPDATE
Posted on August 5, 2017 6 Comments
08/05/2017 – recent strength appears to want to take out the 139.67 high. However, the key levels still remain as shown below. A DAILY CLOSE above 144.28 will make me rethink scenario below. Hope this helps … Bart 07/01/2017 – STOXX banks rallied into the target zone to keep the triangle (monthly) thesis alive. […]
Natural Gas carving out a low?
Posted on August 5, 2017 Leave a Comment
08/05/2017 – was asked to take a look at NATGAS again … I still feel we are in a consolidative or bottoming period. and the “we are here” from my last post is still valid. note we have a head and shoulders forming .. key support is the .786 at 2.713 and then the neckline […]
the finishing of the Octave .. just a little higher UPDATED
Posted on August 5, 2017 2 Comments
08/05/2017 – continuing to follow our target for the DJIA in/around the 22,346 area. I believe that the market is harmonic and vibratory. Over the course of the years I hope to have shown people how to use patterns to manage risk. sometimes they are right and sometimes they aren’t … so, here’s an updated […]
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