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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 […]
Interesting chart … XIV (inverse VIX) UPDATED and UPDATED again
Posted on July 30, 2017 Leave a Comment
07/30/2017 – we are entering August w/ volatility AT THE ALL TIME low – ever. We also have some pretty cool eclipses coming into play. No kidding, this eclipse is going to be the first one since the inception of the United States that it only goes all the way across our country. Some serious energy […]
Interesting chart … XIV (inverse VIX) UPDATED
Posted on July 16, 2017 Leave a Comment
07/16/2017 – NEWS FLASH Volatility is historically low (insert sarcasm here) .. as you can below on the first chart the XIV (inverse VIX) has simply CRUSHED any semblance of patterns as it screams to new highs. Sheesh! But, the more parabolic it becomes the more likely it will parabolically collapse. I’m not saying the […]
GOOGLE update
Posted on July 16, 2017 Leave a Comment
07/16/2017 – well, the area defined below did hold and, thus far, show a lot of strength blasting off from this area. for now, would look for 998-990 to act as near term resistance. There isn’t a lot of form/structure to look for a pattern SELL so for now watch the numbers discussed in the […]
GE for a friend … let me know if you have any questions.
Posted on July 15, 2017 1 Comment
wait for a little lower? note all three legs up (blue arrows) were exactly the same and so this move down was to be expected. using the last ‘big’ move down as a projection and it comes into that 23-24 area. I DO NOT LIKE THAT IS HAS REACTED WEAK ON THE LONG TERM LOG […]
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