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NATGAS update for a friend …
Posted on November 23, 2015 Leave a Comment
NATGAS as of 11:52 EST 11/23/2015 note the red horizontal line – that is still just a little bit left of the gap that has not closed. it could go back down there to close it BUT price action from this level is promising. also, note the 2.021 level at that is a target (1.618 […]
the EURO and .886
Posted on November 23, 2015 Leave a Comment
.886 is derived from square roots. A quick review: Frequency of a string is: proportional to the square root of it’s length inversely proportional to the square root of it’s tension Here’s the frequencies of the equal octave scale of music: the GOLDEN MEAN is 1.618 square root of 1.618 is 1.27 1/1.27 = .786 […]
Home Depot Rocketship …. $HD
Posted on November 22, 2015 Leave a Comment
Well, every other pattern level has been defeated so why not the one’s shown below? We have a bunch of math coming in …130-135. stay tuned.
SQ ($square) and it’s SQUARE ROOTS …hahaha
Posted on November 21, 2015 Leave a Comment
folks …took a peak at Square’s Square Roots this afternoon. math is on the chart. note, I like how we have to take the square root of the square root of the high at 14.78 and note the dashed green line and how prices gravitated to that the rest of the day. interesting? pay attention […]
$BITCOIN
Posted on November 21, 2015 Leave a Comment
sequence looks like it wants one more move lower to complete 5 legs … however, note the measured move of the last major correction – it’s completed that and a tad bit more. make it a great weekend. Bart
$BID Sotheby’s …
Posted on November 14, 2015 Leave a Comment
my good friend Larry sent me a chart this morning .. it’s a chart of Sotheby’s Fine Art auction house … fascinating as big moves down/up follow social mood and the market. It’s interesting to note the higher highs up into 2007 and since then the lower highs present. it’s finishing a BUY pattern right […]
Swissy Butterfly
Posted on November 10, 2015 Leave a Comment
this is a nice one … IF it fails THEN the USD is going to take off. highly probably pattern so expect some weakness in the USD vs CHF in/around these levels. here’s why it’s called the “butterfly pattern” when looking for butterfly patterns just think of it as connecting two triangles. the key […]
Interest Rates … playing w/ the gang over @seeitmarket
Posted on November 9, 2015 1 Comment
Post on Fed Fund Futures from this weekend … interesting and important: Will The Fed Raise Rates? What Fed Funds Futures Are Saying B
keep an eye on this PATTERN
Posted on November 9, 2015 Leave a Comment
to reiterate, the key w/ patterns is the fact they give you a line in the sand to make determinations of trends, possible inflection points and overall strength/weakness of the market. in this case, we have the $NYA (the largest index) doing the EXACT same thing it did in 2008. so, I like to keep […]
Technician’s Toolbox: Measured Moves …
Posted on November 8, 2015 Leave a Comment
Measured moves are 1) the easiest and 2) one of the most important techniques in the technicians toolbox. They represent the “sum” of buyers and sellers and – on long term charts – extremely accurate at marking inflections points and risk controlled entry points. Let’s face it, besides the retail portion (me and you) are going to […]
Bart's Charts 