Uncategorized Category
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 […]
Chinese Yuan update …
Posted on March 14, 2016 Leave a Comment
sure looks like USD new highs after this pullback is complete.
update to TLT and 30 year continuous futures …
Posted on March 14, 2016 Leave a Comment
03/1482016 02/27/16 – TLT, if correct, should be losing steam over the coming days/weeks. Initial target appears to be 109-111. note, if this pattern fails, then 145 is a very strong target as shown below. also note, the cycle top times came in w/ pattern completion. right now, favor the short side […]
the current market conditions and the AUDJPY – update
Posted on March 13, 2016 Leave a Comment
03/13/2016 – UPDATE I’ve received a bunch of requests trying to see if this is a new BEAR MARKET or a corrective move w/in the context of a BULL MARKET. so, in order to give it a shot I’m going to go to the AUDJPY. TILT …? Yes, the AUDJPY. Please see below and read […]