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USD vs YEN gameplan …
Posted on May 15, 2016 Leave a Comment
love it when a new high is made IN THREE WAVES …this give us a heads up that the wonderful pattern called an EXPANDED flat could be at work. “usually” the c portion is equal to 1.618 the a portion and then the correction is over. see below …could be a chance to get into the […]
Palladium and NASDAQ and AAPL Oh My ….
Posted on May 13, 2016 Leave a Comment
Palladium and AAPL and NAZZIE and XLK (tech ETF) – are VERY interesting right now. Palladium – CLEAR 5 waves up …. Note the charts below – while not exact they do trend the same and while at times leading and lagging each other, once they do turn they sync and roll. Note, the XLK […]
I think this is a big deal … Utilities
Posted on May 12, 2016 Leave a Comment
going to show this chart again of the Utilities … watch closely, the upper target is pretty darn close. Since the low in the 1940’s the Utilities have never gone farther than this (or close to this – still some upper targets) w/out a major pullback.
Real Estate
Posted on May 9, 2016 Leave a Comment
I know it’s cyclical and it’s location location location but I also know that some didn’t too bad in the next downturn and some did really bad …I see some major targets being hit and or a little higher in real estate. Perhaps I’m an idiot, but me and the wife close on the sale […]
XOM update
Posted on April 24, 2016 Leave a Comment
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 work. If not, then it will continue higher. This is a very nice sell pattern. please read the entire post from the […]
update to TLT and 30 year continuous futures …April
Posted on April 23, 2016 Leave a Comment
04/23/2016 very important level coming into play w/ the TLT. watch 125 for support but if bearish bonds then this level must fail. if not, then we’ll keep bouncing around in this chaos. Fed Fund Futures haven’t budged … higher interest rates? 03/14/2016 02/27/16 – TLT, if correct, should be losing […]
DJ Utility Index – an update
Posted on April 23, 2016 Leave a Comment
04/23/2016 – update to the Dow Jones Utility Index. they took quite the beating this week, yes, so this pattern could be finished as mentioned below. There were higher targets but we’ll just have to watch price action over the coming days/weeks to ascertain if a big top is in place. Not time to buying […]