Archives

Banks – March 13, 2023 (updated)

Last post on the Banks: https://atomic-temporary-44460632.wpcomstaging.com/2023/03/09/banking-index-march-09-2023-update/ So here’s the deal folks, I had NO IDEA that there was a banking crisis brewing when I put the GART SELL on the banks – it’s just a pattern. And, guess what, I’m trying NOT to pay attention to the ongoing machinations of the Federal Reserve, or some […]

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Banking Index – March 09, 2023 (UPDATE)

Last post on the Banking Index: https://atomic-temporary-44460632.wpcomstaging.com/2023/01/31/banking-index-january-31-2023/ Here is the Banking Index PATTERN that we needed to watch and monitor. Folks, banks are everything. PERIOD. They lead us UP and they lead us DOWN. Something isn’t right at the circle K. All things being equal, the wave that started today needs to finish 5 waves […]

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Banking Index – January 31, 2023

I’ve blogged this before and I’ll blog this again – banks lead us UP and they lead us DOWN. Below you can see a “pretty clear” 5 wave count UP in the Banking Index from the 2009 lows. We do have a slight overlap of Wave 4 and Wave 1 but I’m going to go […]

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XLP / NYSE Index Updated

would still like the ratio to get down to the “major support zone” to get a real feel for the continued bull run. also, continue to watch Banking Index.

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Goldman Sachs

we had a VERY nice pattern coming in around the 370’s and it’s basically failed. as you can see the high was a 1.27*ab=cd but w/ this strength thru the lower pattern that failed, would WAIT for a daily close below 372 before putting any type of short out there … w/ the strength in […]

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Banks – HUGE support

Banks are very important to the overall health of the market … key support approaching! monitor closely …

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Banks – where are they?

there is an old adage – the banks lead you up and lead you down. the market has blasted to old all time highs or thru them and the banks…? well, they rallied a little but have not shown the strength of the overall market, especially technology. let’s keep a close eye on them over […]

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Banking Index SELL PATTERN complete

the banks lead us up and lead us down … continued strength which causes a failed pattern is needed by the banking index right here …

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Banks – at support zone

CRUCIAL support level for the banks!

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STOXX – ugh

I’ve been following STOXX for a friend overseas and I truly hope that he and his family and friends are OK w/ all this craziness going on …hat tip, friend. here’s the link to the STOXX posts on my site: https://bartscharts.wordpress.com/?s=stoxx net-net, my friend contacted me a couple years ago and asked about European Banks […]

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