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REMX
Posted on September 9, 2016 Leave a Comment
9/9/2016 – important support at 16.58. projection and trend line IF bullish THEN this should hold it IF we lose this level to the downside on a daily close THEN need to reevaluate and WAIT for a pattern to appear lower. B
Platinum / Gold ratio analysis
Posted on September 9, 2016 Leave a Comment
sure looks like Platinum should start to outperform. nice 3 drives to a bottom w/ time symmetry. if these levels fail, we do have a lower target but sure looks like the RATIO wants to go up …
XOM update
Posted on September 6, 2016 Leave a Comment
09/2015/2016 – short zone appears to hold. break below 86 on a daily or weekly close will seek 80 for starts. 04/24/2016 – the “zone” shown below has worked and XOM is rallying in 3 waves. IF the thesis that the high at 104 was a big top THEN this pattern shown below should […]
Truncation … low in USD vs JPY in place?
Posted on September 5, 2016 Leave a Comment
the more I look at: USD Index “low” in place and advancing … thrust/momentum from the lows in the USD vs JPY … the more a case can be made for truncation as shown below … so, here’s the other side of the coin. going to have to go for it w/ a stop and […]
Lumber revisited – again …
Posted on September 5, 2016 2 Comments
09/05/2016 I know nothing about the harvesting techniques of wood/lumber. The post below the two dashed lines is over a year old. These targets were generated from harmonic pattern recognition. Notice, there are NO oscillators, moving averages, bands or anything like that .. just PRICE and TIME. They were all hit … sometimes they […]
Housing … just keep your head in the sand OR are the clouds forming?
Posted on September 5, 2016 Leave a Comment
I sold my house in VA and moved out to SoCal to rent .. did it for a number of reasons. The NUMBER 1 reason was to learn how to Stand Up Paddle-board Surf and enjoy the weather. YES, I understand it’s financial suicide out here .. the taxes are crazy, the cost of living […]
Have you ever been in a draw down?
Posted on September 4, 2016 1 Comment
Note the title of this post … I know draw down and it hits you to the core. The reason I bring this up because, once again, I’m taking a hard look at the USD vs JPY. Why drawdown’s and the YEN? Well, because as a CTA I went into my first draw down – […]
Great British Pound – the BUY case
Posted on September 4, 2016 Leave a Comment
September 4, 2016 the Pound held the .786 and has rallied around 700-800 pips. Now, we find ourselves rolling up into the former 2009 support zone w/ a bunch of patterns coming into play. this should act as major resistance and the start of another leg down in the Pound vs USD. just a pattern … […]
Bank of America SHORT pattern
Posted on September 4, 2016 1 Comment
sometimes they work, sometimes they don’t …