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Valeant
Posted on December 29, 2015 Leave a Comment
a very nice intraday pullback .. “should” start back up from here. out if we lose 98, if that’s too close then if we fill the 95 gap and keep running lower then bail. nice stair steps and now a PERFECT GARTLEY BUY pattern w/ PRICE equals time today …. IF THIS PATTERN FAILS, THEN […]
the Pound and .886
Posted on December 29, 2015 Leave a Comment
we’ve spent some time in the past blogging about the importance of square roots …their importance is based on musical theory. after spending way too much time studying the spot currency market, it’s a little known fact that the Pound vs USD “likes” to bounce around the .886 retracement level and, occasionally, the .841. .886? […]
GBPJPY looking heavy … so what do we do?
Posted on December 28, 2015 Leave a Comment
draw the geometry … using the move down into the low (dashed blue line) I drew a 90 degree angle (dashed red line) and then “connected the dots” and you can see the geometry of this move. sure looks heavy and looks like it wants to attack the dashed red line … we break that, […]
WMT – into the high 60’s?
Posted on December 26, 2015 Leave a Comment
$WMT hit the support area and has been climbing. certainly appears the high 60’s could be in play? Please see below. hope you had a great Festivus w/ family and friends. spend some time working thru this post from the bottom up … rock on, ok? Bart Just a heads up … […]
long bond BUY pattern
Posted on December 23, 2015 Leave a Comment
patterns work and sometimes they don’t work. nice BUY pattern on the long bond and the ETF TLT. watch this one closely …
the Great British Pound and “the” line …
Posted on December 23, 2015 Leave a Comment
here’s a Monthly chart of the GBP vs USD since the float started in 1972. (Wish I had more data) what I’m trying to “find” is the genesis of the LINE that caused the highlighted area of support .. it might be horizontal, or diagonal or vertical. I don’t know. So, am going to work […]
KMI … bada bing bong boom
Posted on December 21, 2015 Leave a Comment
12/21/2015 – should get a strong rally now. target is TBD but if it’s corrective we’ll see 3 waves up. will watch … funny isn’t it? no idea what they really do or WHY they were getting crushed and sold off big time … but do kind of know patterns. saw 14.21 as a potential […]