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really need to pay attention here … POUND is flirting w/ a BIG OLD HEAD AND SHOULDERS
Posted on March 22, 2016 Leave a Comment
Folks, this ranks up there as a “big deal” so watch this one carefully as theirs a potential the POUND busts wide open and moves 3000+ pips if we have a MONTHLY closing below the neckline. Bart
$GPRO for @seeitmarket
Posted on March 22, 2016 Leave a Comment
time = price and price = time. Is A GoPro Stock Bottom Finally In?
Super Size Me … $MCD
Posted on March 21, 2016 Leave a Comment
So, here’s another AMAZING run by a company that really has it down. Let’s face it – everybody has gone to $MCD every once in a while – hugh? People buy Burgers man …. But when I look at this chart I see the “Sir Isaac Newton” parabolic takeoff. So, starting from scratch were going […]
the importance of 3 waves …
Posted on March 19, 2016 2 Comments
I have had the unique opportunity to train under Connie Brown of http://www.aeroinvest.com. Frankly, she’s probably one of the best technical traders/analysts out there. She also told me to never count a wave again …! and if your going to count – just learn the corrective moves and look/watch for them. folks, that’s where the importance […]
Emerging Markets, EM Currencies, Patterns and an example
Posted on March 18, 2016 Leave a Comment
I’ve posted, more than once, how I really love when a market makes 3 waves to a new high or low and then fails in the opposite direction. It’s the classic “expanded flat” and – if you can get the C wave right – it’s a great trade to take to new highs or new […]
NYSE Index – resumption of downtrend or pullback in/around here?
Posted on March 17, 2016 2 Comments
well this pattern got SMOKED today … ctrl-alt-del on this one and look for the most logical stopping point. not sure right now …
Addicting Adrenaline Fueled Adult Cowboys and Indians….the FED Rate Decision (rules of pattern recognition #3)
Posted on March 16, 2016 Leave a Comment
Note, Darth Vader and the Dark Side connotation with the mouse image below …. My biggest LOSSES were back in the day trying to trade the FED Decision in the spot currency markets. There I said it. What I came to realize, for me – maybe not for you – is its addicting, adrenaline filled […]
go ahead and hate … CSCO appears ready to breakout and outperform
Posted on March 14, 2016 1 Comment
03/14/2016 – update the move down to 16 did not materialize but do believe the Mirror Image Foldback is still working. Put this one on the radar screen as it appears to be getting ready to blow. An update chart below: PUT THIS ONE ON THE RADAR SCREEN …. now, look at these relative strength […]
buy your shirts now … Cotton getting ready to explode – 15 months later
Posted on March 14, 2016 Leave a Comment
03/14/2016 – my good friend JC (www.allstarcharts.com) just blogged about cotton and it jogged my memory that 15 months ago I blogged about a low coming in cotton. (I’m good at timing, right? LOL) But, time is the key component and the PRICE level just completed the same corrective move (-75%) that represented the largest […]