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Continuing to Monitor the XLP / NYA important ratio …
Posted on October 8, 2017 Leave a Comment
did this for Andy and the gang @seeitmarket: https://www.seeitmarket.com/are-consumer-staples-signaling-a-volatility-omen-17331/ here’s an update as of Friday’s close: If I learned anything from getting my CMT it was the power of ration analysis. X/Y …. If X is stronger the chart goes up and if Y is stronger then the chart goes down. And, since we are charting […]
$NFLX another short swing at the bat? Perhaps? UPDATED 10/1/2017
Posted on October 1, 2017 Leave a Comment
10/1/2017 – going to start this post w/ the image that I used before to describe my love affair w/ NFLX. The patterns have been strong and it’s blow thru many levels sighted below. I BELIEVE in PATTERN RECOGNITION as an AMAZING TOOL to manage risk and put probability in your favor. NFLX has been […]
XLP / $NYA … approaching .382 from all time low
Posted on September 28, 2017 Leave a Comment
if the XLP/NYA ratio finds support and appears to end an A-B-C correction THEN we ‘should’ see Volatility Spike and correspondingly a nice correction in equities. If this level fails, then we might see some consolidation or a little pullback but nothing that could spook the masses. it might be noted that … right now […]
TBT Monthly LOG approaching LONG TERM trend line break out (?)
Posted on September 27, 2017 Leave a Comment
5 waves down showing a valid count … note, log trend line coming into play … we weekly or monthly close above that line would, IMHO, signify the bottom in rates for a long time to come is in place.
Oracle Sell Pattern in/around 53-56 updated from December 2014
Posted on September 25, 2017 Leave a Comment
September 25, 2017 – trust me, back in December 2014 I didn’t have a clue if 53-56 would ever be hit … target area has been hit and I have no earthly idea what the fundamentals are driving this stock or not … watch the MONTHLY close on this one. If we get a MONTHLY […]
Oracle Sell Pattern in/around 53-56 updated from December 2014 updated 04/01/2018
Posted on September 25, 2017 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 […]
I found this interesting … BABA vs AMZN
Posted on September 24, 2017 Leave a Comment
I love ratio analysis … X/Y. If X stronger then the chart goes up and if Y is stronger then the chart goes down. the AMZN/BABA ratio is showing some signs of a coming bounce in the strength of AMZN vs BABA: .618 retracement from the all time low of the ratio a ‘basic’ minimum downside projection from […]
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 […]