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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 […]
@seeitmarket YEN update and an ETF to use for this move – YCS
Posted on April 23, 2016 Leave a Comment
update on my USD vs YEN post over @seeitmarket.com : http://www.seeitmarket.com/currency-spotlight-usdjpy-bottom-dollar-yen-15587/ chart of YCS use the low of 70 as the “don’t go below” point for stop considerations. 84 next area of resistance. Bart
ABX updated … wow
Posted on April 11, 2016 Leave a Comment
04/11/2016 update: ABX gap up today was impressive. this puppy is on a tear ever since it closed at the low of 6.18. HA … pretty cool. going back in time, here was the set-up. So, again, PATTERNS fail and PATTERNS work and it’s all about managing the risk. NOTE – it […]