Uncategorized | Bart's Charts

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

Posted on January 24, 2016 Leave a Comment

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 […]