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$FAZ … let’s get ready to rumble
Posted on January 25, 2016 Leave a Comment
Just did an update for Andy and the people over @seeitmarket on this post: http://www.seeitmarket.com/bank-stocks-near-make-break-point-2015-13986/ It was the first week of January 2015. Yep, over a year ago … So, it appears the press still isn’t paying attention to them … $DB is getting smoked and looks like LEH before it went off the cliff. check […]
Loonie … an update
Posted on January 25, 2016 Leave a Comment
the loonie fell 700+ pips in 3 days. that’s a big move in the currency markets .. so, where are we now .. appears we are in a rally that needs to get shorted (LOONIE strength) here’s the charts I’m using …some really strong levels on the $OSX. not sure which one will be hit, […]
Mastercard 5 waves up complete?
Posted on January 24, 2016 Leave a Comment
Mastercard – what a great business model. you swipe the card and they get paid ..nice. that being said, sure looks like 5 waves complete w/ monster bearish divergence. note the blue median line. price has not closed below that on a monthly basis, if we do get that close, then this could accelerate to […]
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 […]