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Quick update – FED FUNDS INTEREST RATE FUTURES – FF
Posted on May 22, 2017 Leave a Comment
05/22/2017 – take note of the ‘potential’ for the polarity principle to take place. in this case, where there is resistance there ‘should be’ support. ***note: the gap down below the former resistance w/ this months action. something to watch … a gap down and move lower signifies higher interest rates. monitor closely. have a […]
Dollar Index since the Plaza Accord …room to run, BUT (?) …UPDATED and UPDATED and UPDATED and UPDATED again
Posted on May 17, 2017 Leave a Comment
05/17/2017 – well here we go … as you will see we are sitting on the BOTTOM of the BUY RANGE PATTERN that we have been waiting for….some STRONG THRUST DOWN so that begs caution. BUT, note the TIME component of the 3 drives the symmetry is pretty awesome. so – pause/wait and IF the […]
bottoms and tops of circles …S&P 500 an update
Posted on May 17, 2017 Leave a Comment
05/17/2016 – the noise in the market right now is crazy – bull this, bear that, Trump this, Fed that and on and on …today’s sell off hit the top of a circle. see how easy that makes it …? the below was posted 5 months ago looking at this area for a resistance zone. […]
sometimes you eat the bar and sometimes the bar eats you …
Posted on May 16, 2017 Leave a Comment
Well … sheesh. let’s see … MCD – KABOOM did that pattern fail or what? GOOGL – OUCH, did that pattern fail or what? PCLN – smack down baby, did that pattern fail or what? NFLX – trend line held baby and KABOOM 2, did that pattern fail or what? XHB – hanging in there […]
EEM and HYG
Posted on May 15, 2017 Leave a Comment
So, guess, of late, all the rage is the EEM new bull market. VERY HARD to believe but … let’s remove the subjectivity and pull out some patterns: EEM: banging right into .618/.786 retracement confluence – usually very strong R or S. in this case R. Note – a basic projection takes us up into […]
Dollar Index since the Plaza Accord …room to run, BUT (?) …UPDATED and UPDATED and UPDATE again
Posted on May 7, 2017 Leave a Comment
05/07/2017 – Happy “insert name here” day … have you noticed that Social Media is making a “insert name here” day for everything? So, for me, I say “Happy Dollar Index Update” day … as an FYI, that’s May 7, 2017. Anyhoo – man this is getting interesting. I’ve updated both the 4 hour and […]
Mastercard 5 waves up complete? an UPDATE
Posted on April 29, 2017 Leave a Comment
04/29/2017 – the levels shown in the post below held but created a 6-8 month triangle which exploded higher. Triangles are terminal from where they explode (higher or lower) but this stock is really strong. Do I think we are still in a 5th wave – YES. But, I would keep rolling w/ this until […]
$WFM …man took a while but it popped …
Posted on April 29, 2017 Leave a Comment
04/29/2017 – consolidated for a long time and finally popped. a MONTHLY close above the first gap top (40) should seek higher. also, look at daily – lots of gaps in play … ___________________________________________________________________________________ 07/24/2016 – appears to be building an ice base to attack daily gap resistance levels and perhaps roll into higher […]
STOXX Banks for a friend overseas …
Posted on April 29, 2017 3 Comments
the KEY here is are we finishing a triangle and this latest leg up represents the final sequence (e) of a,b,c,d,e … the relationship that is giving me a ‘hint’ that this might be the case is the fact that the e is representing .618 of b-c (a common relationship in triangles) on the charts, […]
