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$NFLX another short swing at the bat? Perhaps? UPDATED 4/22/2017
Posted on April 22, 2017 Leave a Comment
04/22/2017 – trade what you see, not what you believe. NFLX has been “topping” since January 2017. shown below are the key gap areas and the looming trend line …but folks, it hasn’t moved lower. unless we get a weekly close below 133 – step aside. the ‘math’ stopped it but it sure seems strong […]
Super Size Me … $MCD update …
Posted on April 22, 2017 Leave a Comment
04/22/2017 – update to MCD. Log trend line coming in around the high 130’s to low 140’s “should” stop this advance. hope this helps. note the measured moves (blue arrows) and note the blue dashed ‘log’ trend line .. have a good weekend ___________________________________________________ So, here’s another AMAZING run by a company that really […]
Housing … just keep your head in the sand OR are the clouds forming? 3rd update
Posted on April 16, 2017 Leave a Comment
04/15/2017 – XHB has continued higher. It hasn’t made new highs but it sure isn’t showing the weakness that the rest of the overall market is showing right now …I’ve also updated ITB. Note, I didn’t have all the data (not sure why) the last time I posted on this one … the high is […]
had some fun w/ $AMZN over @seeitmarket an Update
Posted on April 14, 2017 Leave a Comment
04/14/2017 – just a quick update that we are really close or need a little bit more for the SRC to be invoked on AMZN. also, note the shooting star candle present and also the doji like candles that started most corrective moves. probability lends itself to be cautious and sit on ones hands to […]
Dow Jones Transports – almost parabolic UPDATE to the UPDATED
Posted on April 6, 2017 Leave a Comment
04/06/2017 – Transports hit the below resistance zone and targets and have since rallied to make new highs. What’s interesting this time is the time symmetry between the peaks in 1999,2008 and now. Also, note that they seem to always want to go up and make a slight new high before further correcting. The time […]
had some fun w/ $AMZN over @seeitmarket an Update
Posted on April 6, 2017 Leave a Comment
04/06/2017 – its been a while but did do an update for Andy and the gang @seeitmarket: Amazon Stock Chart Update: AMZN Defying Gravity After this post, went and did a peak at the measured moves and compared the last one to musical notes. basically, the measured move extended base on the 12th root of […]
Dollar Index since the Plaza Accord …room to run, BUT (?) …UPDATED and UPDATED again
Posted on April 1, 2017 Leave a Comment
04/01/2017 – Happy April Fools Day! per below, the US Dollar Index smacked right into our target …but, the PATTERN certainly looks like one more wave ahead. Then, well, things are going to get really interesting! Next stop is more than likely 106-108 on the index. it’s quite clear to see 5 waves completing up […]
Interesting chart … XIV (inverse VIX) UPDATED
Posted on March 25, 2017 Leave a Comment
03/25/2017 – well looks like it went up into the zone discussed below. I’ve labeled the extension targets as 1.732 (square root of 3), 1.68179 (note the closes) a musical note and the projection was 1.27AB = CD. 1.27 is the square root of 1.618. as you can see, it sold off but DID NOT […]
MSFT Microsoft UPDATED
Posted on March 25, 2017 Leave a Comment
03/25/2017 – appears we have some stalling at new all time highs. below is a monthly w/ the fundamental frequency calculated (FFreq) showing the 64-64 area to resistance. if we pull back from here, a logical first stop and perhaps a buy is around the old all time highs in the early 2000’s. now, below […]
Sheep, Milk and the Kiwi …updated 03/23/2017 and the power of the RSI M’s and W’s
Posted on March 23, 2017 Leave a Comment
03/23/2017 – note this pattern on the KIWI. Certainly looks like it ‘wants’ to go down and tag the level shown. last night I blogged about “cotton” banging into the first portion of the pretty big gap and it appears (please see below) that the “Milk Non-Fat Futures” has completed an upward correction and will […]