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:
XOM update
Posted on April 24, 2016 Leave a Comment
04/24/2016 – the “zone” shown below has worked and XOM is rallying in 3 waves. IF the thesis that the high at 104 was a big top THEN this pattern shown below should work. If not, then it will continue higher. This is a very nice sell pattern.
please read the entire post from the bottom to the top to understand what could possibly going on here ….
thanks and hope you have had/are having a good weekend.
Bart
folks – I am sorry that I didn’t post this earlier as this ranks up there as a “no brainer” in my simple mind …
- the ENTIRE KEY is the square root target
- IF square root targets lie on top of 3 Fibonacci retracements and a measured move then Lions (square root target), Tigers (measured move) and Bears (pardon the pun – retracement levels) it is “usually” market magic.
also, the pattern from November 2013 is included. was looking for 101-102. shoot me …
strategy is key here .. as you can see we do have a target a little lower also BUT that daily candle is impressive, wouldn’t you say?
