Search Results: db

Gorilla’s put dynamite down for now …reload after dollar pulls back. (the dynamite is the 4 trillion/day FX market)

Summary: perhaps, it’s my background as a Naval Aviator for 11 years.  I just read a post about “fighter pilots and organizations” and one of the points was the art of the debrief.  so, as I post “stuff” on this blog I attempt to make it all “real time” because those snap shots allow me […]

Read More

US Steel … defying kryptonite (?)

CLIFF NOTES: this break out looks real!  So, we have completed a pattern and would look to BUY in/around the 32 level as that should offer support and look to hold this for an investment…. a mirror image foldback is a great pattern to see and fine … basically a PATTERN comes into a level […]

Read More

Gorilla’s juggling dynamite … and the US Dollar a redux

the post below is from February 13, 2014 and I believe it’s important to rehash the most recent moves in the US Dollar. Believe this move has room to go, however,  we need to patiently wait for a corrective pattern to form. this move in the dollar is real so try to get long in […]

Read More

WMT / NYSE Index Ratio and the KEY support

CLIFF NOTES: patterns exist on the ratios/we use ratio analysis to look for sector rotation and when the RATIO’s inflect there are usually inflection points.  We are at a key level in the WMT / SPX ratio.  Also, I added the NYSE Index overlaid.  Note EVERY HIGH AND LOW was at this ratio’s SUPPORT and […]

Read More

Ten charts that prove Technical Analyis is valid and PATTERNS exist and give you an EDGE

CLIFF NOTES: in Mark Douglas’s amazing work, on page 132 of Chapter 8 he defines an edge as “nothing more than an indication of a higher probability of one thing happening over another.”  My edge is pattern recognition based on square roots and the inverse of those square roots.  As my friend and mentor Larry […]

Read More

the Dollar Index Fractal

CLIFF NOTES: I thought I had posted this once before .. the POTENTIAL mirror image foldback on the US DOLLAR.  I have gone thru my charts and I can’t find it but I know I sent it to Larry P so … here it is.  Also, go back and look at the UUP (Dollar ETF) […]

Read More

Gorilla’s juggling dynamite … and the US Dollar

  Early in my career I had the wonderful opportunity to get training from Joe Di Napoli (www.fibnodes.com)  Highly recommend learning some of his techniques but, most importantly, his understanding of the market structure and the players in the game.  One of his favorite sayings is we must realize that “you are entering into a […]

Read More

Utilities as a safe play … not yet!

there has been speculation that Utilities are a safe play in a deflationary environment.  I don’t know what the fundamentals say, but I do believe we are starting another wave down in the Utilities.  After a very clear 5 waves down into the low of 2009, they have behaved much like everything and bounced rather […]

Read More

Great British Pound – again

if your a new reader, check out the below posts on the continuing saga of trying to get short the GBP vs USD: http://bartscharts.com/2013/09/12/the-great-british-pound/ http://bartscharts.com/2013/09/18/the-great-british-pound-update/ http://bartscharts.com/2013/09/30/great-british-pound-update-iii-and-pumpkin-soup/ http://bartscharts.com/2013/10/22/the-pound-gorillas-and-juggling-dynamite/ http://bartscharts.com/2013/10/29/pound-negative-reversal-potential-long-term-chart/ http://bartscharts.com/2013/10/31/halloween-pound-update/ http://bartscharts.com/2013/11/02/great-british-pound-continues/ http://bartscharts.com/2013/11/05/jec-silver-past-fractals-and-the-pound/ http://bartscharts.com/2013/11/12/pound-foldback-updated/ so, where do we sit now?  below you will find a daily chart of the GBP vs USD and, well, nothing has really […]

Read More

JEC, SILVER past fractals and the Pound

Foldbacks are amazingly accurate patterns … they occur on anytime frame and basically give us the “mirror image” of a move … the theory is as they come into an inflection point they will go out of the inflection point the same way.  for those still versed in geometry, it’s basically the angle of incidence […]

Read More

%d bloggers like this: