Update on ratio of OSX/NYA
Posted on May 31, 2016 Leave a Comment
05/31/2016
here’s an update to the BUY of the RATIO of OSX/NYA. couple things to note:
- pattern held and note the move UP in Crude pretty much the same day the pattern hit
- it’s not that much of a bounce …would expect it to have been bigger, especially w/ the move in Crude and the Loonie vs USD.
- also, note the divergence in the ratio as the crude oil continued higher. this has usually led to a move lower in crude …
- stay tuned, does this spell weakness ahead for Crude and the Loonie?
here’s the RATIO of $OSX / $NYA. it has a buy pattern HERE or a little LOWER.
below that is crude and CAD vs USD (USDCAD inverted) overlaid on top of the ratio.
they move together
so IF this BUY pattern works THEN we have a big move coming BULLISH for Crude and the Loonie.
US Dollar Index – beginning of the next move up? – update
Posted on May 21, 2016 2 Comments
05/21/2016
05/21/16 – note , same move up in PRICE and TIME. Believe we should find some resistance here and the pullback should be BOUGHT for the USD index.
Gasoline Futures, the Aussie and Audioslave …update
Posted on May 15, 2016 Leave a Comment
05/15/2016 – note the continued strength of the Gasonline Futures as the Aussie vs USD has been going down. W/ that in mind, believe we need to BUY Aussie in around levels shown.
at a certain point you have to ask yourself – are you going to listen to everyone or do the work yourself.
if you want to “feel the Bern” then let him “show you how to live …”
come on man, do the work:
AUSSIE
- monster cycle hitting this month from 1986 on Aussie.
- take note of the “measured moves in price” coming tino the 1986 and 2001 low .. they are the same footprint
- very oversold w/ bullish divergence
GASOLINE FUTURES
- note, 5 waves down on natural gas
- .9438 symmetry
- 1.27 extension
- 1.27 wave 1 = wave 5
- monster bullish divergence …
USD vs YEN gameplan …
Posted on May 15, 2016 Leave a Comment
love it when a new high is made IN THREE WAVES …this give us a heads up that the wonderful pattern called an EXPANDED flat could be at work. “usually” the c portion is equal to 1.618 the a portion and then the correction is over. see below …could be a chance to get into the potential trade of the year ..
Palladium and NASDAQ and AAPL Oh My ….
Posted on May 13, 2016 Leave a Comment
Palladium and AAPL and NAZZIE and XLK (tech ETF) – are VERY interesting right now.
- Palladium – CLEAR 5 waves up ….
- Note the charts below – while not exact they do trend the same and while at times leading and lagging each other, once they do turn they sync and roll.
- Note, the XLK and PALLADIUM.
- They are almost exact coming into the lows in 2003 and all the way up into 2008 and then down into 2009
- The most interesting aspect is the big corrective move down in Palladium in 2011-2012. Note how XLK paused and consolidated and then took off.
- What’s happening now …? Palladium has collapsed – big. And XLK has paused and held the highs … with XLK showing a clear 5 wave move up we might be on the verge of a big move in technology. (hint hint: perhaps the target on AAPL is a BIG LOW and off they go?)
Charts – check em’ out and draw your own inclusion.
I think this is a big deal … Utilities
Posted on May 12, 2016 Leave a Comment
going to show this chart again of the Utilities … watch closely, the upper target is pretty darn close. Since the low in the 1940’s the Utilities have never gone farther than this (or close to this – still some upper targets) w/out a major pullback.
Real Estate
Posted on May 9, 2016 Leave a Comment
I know it’s cyclical and it’s location location location but I also know that some didn’t too bad in the next downturn and some did really bad …I see some major targets being hit and or a little higher in real estate.
Perhaps I’m an idiot, but me and the wife close on the sale of our house in two weeks. I am so glad to be liquid for the forthcoming storm … hoping to buy a MONSTER Beach House in the Outer Banks after the “flood” of deflation and debt reach our shores.
Charts below:
Bart's Charts 