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XLE ratio analysis worked well, this time
Posted on January 23, 2016 Leave a Comment
1/23/2016 – wanted to show these charts again. they are all ratio analysis of XLE (energy) versus the major components of the S&P. Ratio analysis w/ pattern recognition is very powerful. all of these patterns hit, oil moved down to the 25-27 area, the OSX/NYA ratio worked and Oil popped and the Loonie got 500+ […]
quite the set-up in $GILD
Posted on January 23, 2016 Leave a Comment
take a look at this one .. YES, it’s sure looking “heavy” and we do have the classic H+S pattern forming BUT …right below is a an amazing pattern. no less than 6 rati0’s and an “AB=CD” projection … have to give it a shot.
USO hit 1.618 extension
Posted on January 23, 2016 Leave a Comment
also, note from the first impulse move down, you can draw all the trend lines w/ 45 degree angles. kind of cool … 1.618 extension target hit ….
classic Polarity …
Posted on January 22, 2016 Leave a Comment
Polarity: support becomes resistance and resistance becomes support. live it, learn it.
turn off the talking TV pundits, the endless Twitter feeds and defy human nature …
Posted on January 22, 2016 2 Comments
“defy human nature and do the work …” Jim Twentyman folks, the market is giving us a road map and, if we get our “heads out of the airplane” you can see it … what’s the “best” road map, in my HUMBLED opinion? Ratio analysis using pattern recognition …the key w/ ratio analysis is it […]
Loonie, time to get long …
Posted on January 22, 2016 Leave a Comment
I missed my entry at the .786. (was on travel) That’s OK …what I’ll try to do is do a real time look at getting into the first retrace. Here’s the charts … Relative Strength of the $OSX / $NYA. note, the AB-CD is a little lower but believe we are in the zone for […]
yes, that was a 30 year trend line that has broken on the POUND vs USD!
Posted on January 17, 2016 Leave a Comment
I like the pattern going all the way down to the .886 at 1.3926
$TWTR pointing to 10/share, updated
Posted on January 13, 2016 2 Comments
1/13/2016 – updated folks, look, I have no idea where the market is going. I just “see” and “feel” PATTERNS. the math said 10, not some crystal ball or any of that …. once it broke thru the .786 (math based only) it will see the last low and usually extend down … that’s what […]
long bond BUY pattern is now a long bond SELL pattern
Posted on January 13, 2016 Leave a Comment
1/13/2016 – update. so … just as the long bond buy pattern didn’t get any better than this (see below) the long bond now has a sell pattern that doesn’t get any better than this. cool, hugh? I really don’t give a shit about anything other than the PATTERN. as I said below … “patterns […]