Natural Gas – November 28, 2023
Posted on November 28, 2023 Leave a Comment
Natural Gas is at a very key junction w/ regard to price and a bullish move.
This is based on the MAJOR buy pattern on the monthly shown below. That pattern hit w/ both PRICE and TIME and that is the reason this “huge support” shown is such a big deal on the Nat Gas.
For those of you suffering w/ me in UNG I offer this very well written piece that was published just recently:
https://money.usnews.com/investing/articles/natural-gas-etfs-lessons-from-boil-and-ung-funds-in-2023
While I was aware of these type of situations having once been a CTA (focused on spot currency markets), I did not think it would effect this opportunity in such a way. Full disclosure I bought UNG in/around the mid 9’s and ran it all the way up to 34 and STILL OWN IT. Why … ?
Well, it’s not good investing – check.
BUT (always the “but”) I want to ride a wave from the very beginning (or what I thought was a BIG LOW) and go thru the ups and downs to understand how my FEELINGS/EMOTIONS would not only be reflected in how I viewed the chart and it’s price action but also how it actually felt to live thru the emotions of fear and greed just like they talk about w/in the “psychology of Elliott Wave.” So far, they have been pretty accurate.
So, folks, this ones a loser. My gameplan is to look for a low … I have another target down in the 3’s believe that one or not but really watch this PATTERN on NAT GAS to see if it holds.
No regrets .. it’s been a great year but this one has most definitely been in the “other” category. I’m going to put the best strategy in the world to work – HOPE- and look for that bounce up to around my entry and then gracefully exit this science experiment. Unless, of course, greed gets a hold of me and somehow I think this thing is really going to rocket to the moon … yeah.
That’s all she wrote.
Wheat – July 15, 2026
Original Post – November 27, 2023
Well, unfortunately, I made a rookie mistake because w/ all the measured moves – just below – I should have thrown up a 0.886 retracement level. I didn’t and missed a Wheat entry. I’m already long DBA …
Folks, I’m thinking we are going to have one hell of a price increase in the cost of goods coming up … we do have a perfect storm approaching from the perspective of:
and of course:
this super cycle was already starting and then the big wave:
the fertilizer issues w/ the Straits is gonna be huge …
So, get long the ‘softs’ w/in agriculture … grab an etf like DBA (I’m long DBA already) or WEAT or just google it but, yeah, you can mess around w/ technology or take the tried and true method of catching a nice commodity wave because when they come and you can get in early, they can take you for one hell of a ride. That’s why I love to get in the wave using my SUP – we get in early. We get that primordial wave feeling of riding the echoes of the big bang thru the medium of a surfboard and water and it’s a blast! I’m feeling this one peeps and have already caught this wave WAY outside and I love to grab a party wave with my ex-girlfriend (wife) or son so you might want to jump aboard this wave.
Ding ding commodities departing …
Corn here … or perhaps a little lower?
Let’s ride this wave …
Cheerio –
Bart
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As I continue to track wheat we can see where more “measured moves” and projection PATTERNS are creating a very powerful BUY zone for wheat. That being said, it’s still a pretty far down there so patience is the key.
I hawked the DBA ETF (https://g.co/finance/DBA:NYSEARCA) for 2 years and got in prety much close to the low and am still in it long. So, if you go research it, you will find Wheat being a major commodity component in it’s weighting.
Would be “nice” to see DBA bottom down at that pattern level and Wheat to be at/around the the zone shown below for a GREAT BUY ….
I patiently wait and hawk and occasionally take a look at to see if my thesis is true OR I have to get out the earser and relook at the chart w/ a refresh pair of eyes.
Transports – November 27, 2023
Posted on November 27, 2023 1 Comment
The last post on Transports: https://atomic-temporary-44460632.wpcomstaging.com/2023/05/09/dj-transports-may-09-2023/
Appears, since the last post on Transports is in tact but the 3 wave sale signal and H+S pattern never worked and the market needed one more move before starting to sell off …
The “kiss of death” or “outside return” or “polarity” trendlines are present our about to be hit so we are at a VERY important point in the Transports … if they blow thru here w/ strength then we could be off to new highs.
If they smack into the orange trend lines and start stelling off then we have a 3rd wave starting/started and the next MAJOJR target is the highlighted green area … that’s a ways away, but that’s not that far away if we get rocking and rolling and overall liguidity goes night night …who knows?
Keep your head high and smile … it’s make a difference for everone!
Bart
XLP / NYA – November 21, 2023
Posted on November 21, 2023 Leave a Comment
Well, well, well … it’s fun when “stuff” comes together like this. Are we exploding to new highs or are we having the “mother of all bear market bounces” (for the record: I HAVE NO IDEA) over the past couple weeks?
Guess what?
Mr. Trust XLP/NYA has completed or is about to complete a “perfect” or “near perfect” (all that means is the ratios and projections are lining up – has nothing to do w/ the probability of it working or not – we NEVER know) BUY PATTERN.
So, now we just go to our trust “if – then” gameplan:
IF the BUY PATTERN HOLDS on the ratio THEN stocks should be reversing or reverse soon and continue DOWN….
IF the BUY PATTERN FAILS on the ration THEN stocks should continue to climb higher and take out the old all time highs as a real – distinct – possibility.
And, dare I say, EXPLODE higher?
META – November 20, 2023
Posted on November 20, 2023 Leave a Comment
Lottery Ticket … short META in the blue zone area. Give it a few bucks of risk … unbelievable price move.
Junk Bonds – November 13, 2023
Posted on November 13, 2023 Leave a Comment
Well … the in the sand holds. Amazing …
Luke 12:7 – October 20, 2023
Posted on October 20, 2023 Leave a Comment
Are we being punked …?
Think about it … this is NOT a political statement.
If you have received EVERY booster GREAT. That is your CHOICE.
If you have not taken any COVID vaccine then GREAT. That is your CHOICE. (kind of)
So, in the midst of the calamity that was 2007-2009 the market (S&P 500) stopped at 666. OMG the number of the beast, the OMEN, the blah blah. But, no doubt a pretty “big” number in regards to humanity and our condition existing in this 3D holographic GAME. But, even more crazy, is the relationship of geometry and the fact that, the ATH was a projection using the Euler number. Something embedded in the Vitruvian Man by Da Vinci thanks to your work Mr. Robert Edward Grant.
What’s funny is I had used the Euler number projections before Mr. Grant explained the unbelievable importance of this number to me … but, wow, w/ everything he is uncovering and discovering w/ regards to THE language of geometry and numbers, this is pretty darn amazing.
Additionally, in the chart below, where did the CRAZY correction that occurred during COVID go down to? Well, of course the “neutral” or “equality” point or, perhaps the balancing point between the male and female energies? The “geometry” or “measured move” of the price move AB=CD is where the correction went …
Seriously folks … the bread crumbs are EVERYWHERE.
Anyone ever look at the ATH in the LOONIE vs USD? High was 1.618
So, now, I think anyone who had a pulse during the past couple years would say that Pfizer (PFE) has played a MAJOR role in the COVID-19 “experience.”
Again, THIS IS NEUTRALITY FOLKS – your consciousness experience determines if PFE is on the GOOD or the OTHER scale.
All, I’m saying is the game – ONCE AGAIN – reveals itself. PFE topped at a PERFECT pattern completing … at 61.8
or … .618.
FOR THOSE WITH EYES TO SEE.
Good weekend to all …
