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I STILL think this is a big deal … Utilities
Posted on June 6, 2016 Leave a Comment
06/06/2016 – were rolling right up into the target zone w/ monthly bearish divergence. yes, I still think this is a big deal and begs of caution … in 26,854 days Utilities have never gone farther w/out a major correction. Questions? going to show this chart again of the Utilities … watch closely, […]
VXX …what a mess
Posted on June 5, 2016 3 Comments
06/05/2016 – taking a look at VXX for a friend. not sure what to say … I can see a “daily” BUY set up in a butterfly but this thing is simply dead. interesting to see the increase volume even though it hasn’t budged. I bet it’s everyone betting on the crash that’s never come […]
Chinese Yuan and Apple ($AAPL)
Posted on June 5, 2016 Leave a Comment
folks, knowing what’s going on in the currency market is so crucial .. not only does it completely dwarf any other market out there in volume/volatility but it also play such a crucial roll in the flow of funds, affects on commodities, etc. back in 2015 I posted “the most important chart of 2015″ and […]
USD vs ZAR (South African Rand)
Posted on June 4, 2016 Leave a Comment
what an amazing and parabolic run … overall I see it correcting into the pattern on the weekly but am going to have to watch the most recent swing action (the big candle from Friday) to see where it goes next. note the corrective move (orange dashed line) that lines up exactly w/ the projection […]
BREXIT – fundamentals are noise, use the charts …
Posted on June 4, 2016 Leave a Comment
06/04/2016 – fist off, Gerard, thanks for visiting the site, asking questions and watching this AMAZING development. Folks, I honestly don’t know which way the “vote” will go but it ranks up there w/ one of the biggest deals out there. Easily, the vote will “kick the can down the road” OR destroy the Euro-zone. […]
Polarity on DB
Posted on June 2, 2016 Leave a Comment
06/02/2016 – Triangles – look SO GREAT after they complete. when your in the middle of one (reference daily/weekly EURO vs USD) you get chopped up and frustrated till you erase your chart and then the c-d-e legs appear. then it’s simply so hard to wait for “e” to complete but you have to …the […]
Update on ratio of OSX/NYA
Posted on May 31, 2016 Leave a Comment
05/31/2016 here’s an update to the BUY of the RATIO of OSX/NYA. couple things to note: pattern held and note the move UP in Crude pretty much the same day the pattern hit it’s not that much of a bounce …would expect it to have been bigger, especially w/ the move in Crude and the […]
US Dollar Index – beginning of the next move up? – update
Posted on May 21, 2016 2 Comments
05/21/2016 05/21/16 – note , same move up in PRICE and TIME. Believe we should find some resistance here and the pullback should be BOUGHT for the USD index.
Gasoline Futures, the Aussie and Audioslave …update
Posted on May 15, 2016 Leave a Comment
05/15/2016 – note the continued strength of the Gasonline Futures as the Aussie vs USD has been going down. W/ that in mind, believe we need to BUY Aussie in around levels shown. at a certain point you have to ask yourself – are you going to listen to everyone or […]