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Dollar Index since the Plaza Accord …room to run, BUT (?)
Posted on November 19, 2016 Leave a Comment
11/19/2016 – if you want to follow the Dollar posts, just search dollar on the top right area of the blog. the overall thesis, which has proven to be correct so far, was the dollar was going to strengthen all the way from the low 70’s. it’s been a nice run … is there higher […]
Emerging Markets Sovereign Debt ETF PCY
Posted on November 15, 2016 Leave a Comment
folks, so I was asked to take a look at this ETF. I had never looked at it before … but man, what a gorgeous sell pattern. This one worked….looks like the banking index sell signal. some work some don’t – use a stop. anyway, here’s the PCY Sovereign Debt ETF .. the weekly shows […]
Housing … just keep your head in the sand OR are the clouds forming? UPDATE
Posted on November 14, 2016 Leave a Comment
11/14/2016 – since the Election, the XHB ETF has taken off like a rocket ship. You can see below that it hit the .618 retracement from the Spring low of 16′. Upper targets are being shown in around 34-35. were still working w/ the thesis that the 39 level was the completion of a major […]
LONG BOND since 1981 UPDATED
Posted on November 13, 2016 Leave a Comment
11/13/2016 – as you can see below, back in July I did the post for @seeitmarket and also here on the blog about a ‘potential’ top / resistance on the bond complex. the targets were hit and, since then, the bonds have been sold and, just this past week, have accelerated to the downside. am […]
$PCLN update 11/12/2016
Posted on November 12, 2016 Leave a Comment
11/12/2016 – well PLCN went up and hit the level shown below. Folks that’s 5 monthly patterns on PCLN. IT SHOULD BE MONSTEROUS RESISTANCE for PCLN to go higher. As always, patterns do fail and they do work so it’s all probability. Also, when we go down to the daily time frame NOTE the perfect […]
How to create the “real” trend lines UPDATED
Posted on November 12, 2016 Leave a Comment
11/12/2016 – wanted to provide an update. the ‘square out number’ isn’t static. in fact, it changes every day. in this case, as we continue vortexing thru space we see that we are now, essentially, 2180 days since the ‘birth’ of the S&P 500. Of note, the post election crazy rally was stopped dead in […]
Banking Index FAILED PATTERN
Posted on November 9, 2016 2 Comments
I’ve tried to be pretty consistent ..sometimes they work and sometimes they don’t. When the SELL pattern on the banking index appeared it was, in fact, a beauty. however, after today’s close would consider it a FAILED PATTERN.
man … I don’t know
Posted on November 8, 2016 Leave a Comment
I have no idea what’s going on in the election … I can surmise by the markets that perhaps Trump has a lead? Really don’t know … but what I can say is this little pattern on the CHFJPY hit this afternoon to the pip and well … see below. just take one second … […]
YEN – update
Posted on November 5, 2016 Leave a Comment
sure looks like a big ole triangle is forming and ‘not’ the truncated 5th. no clear pattern present but we’ll have to watch and see over the coming days and weeks. NOT as clear cut as I thought … B
Loonie, OSX, Crude – time for another inflection? UPDATE to the UPDATE
Posted on November 5, 2016 Leave a Comment
11/5/2016 – Crude Continuous is giving us a nice “heads up” that this move is CORRECTIVE in the scheme of a much larger corrective pattern to finish a big big 4. the market corrects (most of the time) in 3 waves labeled A-B-C …in this case let’s follow the set up: $26 dollars was the […]
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