Uncategorized Category
EURGBP set up and the form, proportion and harmony behind it
Posted on August 13, 2016 Leave a Comment
want to take a little time this AM to describe the set up coming in on the EURGBP: from the all time high, we are coming up into the .618 retracement along w/ the AB=CD projection there is a lot of thrust coming into this level – but if we break it down into a […]
It’s just a PATTERN and nothing else but it’s something to pay attention to
Posted on August 9, 2016 Leave a Comment
PATTERNS … work and they fail. PATTERNS tell us of possible inflection points. PATTERNS also tell us very important areas of interest to trade around .. What if .. what if the PATTERN on the cash S&P has finished or is very close to finishing a sell signal? That would mean we are at major […]
I STILL think this is a big deal … Utilities… an update
Posted on August 7, 2016 Leave a Comment
August 7, 2016 – are the Utilities cracking? Historically, they have NEVER gone farther than the measured moves shown from the post 6/6/2016. Stay tuned. the point we are trying to make here is that when these blue measured moves are present AND a perfect 1.618 extension is present THEN the Utes have correct either […]
Great British Pound – the BUY case
Posted on August 6, 2016 Leave a Comment
August 6, 2016 since the HUGE MONTHLY 31 year .78 node the pound move roughly 700 pips (note in 5 waves) and has been consolidating for a month. take a look at the BUY PATTERN present in the GBP a little lower … they don’t get better than this. What does that mean? well after […]
Natural Gas (NATGAS) NG #F
Posted on July 31, 2016 Leave a Comment
folks, for those of you have been following me for a while you know that sometimes you eat the bar and sometimes the bar eats you. (man I love that movie … the Big Labowski) anyway, the “bar has eaten me” on Natural Gas. I played w/ a foldback pattern that REALLY looked nice and […]
LONG BOND since 1981
Posted on July 31, 2016 Leave a Comment
i did this post for @seeitmarket around the TLT (long bond (20 year +) ETF: http://www.seeitmarket.com/tlt-price-target-view-treasury-bonds-stretched-15862/ and the targets around 145 still loom …. so, here’s the long bond and the TLT charts ….not trying to “call a top” just find patterns. could they keep going higher? well of course ..but man, this is really getting […]
$LIT – Lithium ETF
Posted on July 31, 2016 Leave a Comment
i expect consolidation in/around here w/ 27 being the overlapping of 3 ratios and it SHOULD be resistance. the key here is the level of the RSI – have we broken out into a new RSI zone that defines a bull market? also, if this is the case are we finishing up 3 on the […]
