Archives

JETS – October 26, 2024

selective focus photo of airplane window

A SELL PATTERN is present on the ETF JETS. However, the individual stocks are a mixed bag … a deeper analysis shows that the ‘regionals’ or ‘smaller’ airlines might have bottomed …

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Transports – clear 5 waves down and example of PAYING ATTENTION TO HARMONIC #’s

note, 5 waves down after hitting a MAJOR target zone. last post on Transports: https://atomic-temporary-44460632.wpcomstaging.com/2021/02/21/transports-a-lot-of-degrees-of-trend-coming-together-heads-up/ note, the symmetry of the moves … wave 1 = wave 5 and the internals of wave 3 are perfect … 1 = 5 and 2=4. you’ll also see some numbers to the side those are projections showing the clear […]

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well look at that …

last post on the transports: https://atomic-temporary-44460632.wpcomstaging.com/2021/02/21/transports-a-lot-of-degrees-of-trend-coming-together-heads-up/ alert went off last week and the upper target zone on the DJ Transports has been hit ..on my monthly chart that level is 16180 and while I know a lot of you will just see a NUMBER and that’s cool but when you play w/ numbers EVERY day […]

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“I think this is a song of hope …” Robert Plant Live Stairway to Heaven

The S&P 500 has been climbing a stairway to Heaven .. folks coming into 2015 we had some pretty strong patterns appearing.  some worked and some didn’t – isn’t that what we expect? that being said, it was prudent to be cautious due to their presence. here’s what I posted around a year ago: “Let’s […]

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Busy with @seeitmarket coming into the 2015!

Folks, what a wealth of information from Andy @seeitmarket ….. Here’ what I’ve been up to – check out the links and all of the amazing contributors: the Banks … they lead us up and they lead us down.  PATTERNS suggest they are at MAJOR resistance and what this means for the overall market: http://www.seeitmarket.com/bank-stocks-near-make-break-point-2015-13986/ IBM […]

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Swing Low, Sweet Chariot ….

As we have discussed multiple times in this venue, the move since 2009 has been one heck of a ride.  This chariot of stock market emotion is, literally, off the charts.  It is at an extreme that has surpassed 1929, 2000 and 2007.  For the past 6 months it has defied the powerful cycles and […]

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Transports pattern complete from 42,281 days ago …

I’m going to give myself .003% w/ regards to the pattern being complete on the Dow Jones Transportation Average.  It never did hit, exactly, the 7616 target …but w/ the big move that occurred yesterday odds are that we have a MAJOR top in place.  If you have been following my blog this “target” area […]

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Dow Jones Transportation Average – a chart tour starting in 1896

if you have been following the posts over the past couple months, you’ll find that I’ve moved (pretty much alone) into a very cautious, if not outright  bearish mindset based on the patterns that are appearing across the circle of life.  one of the more prevalent patterns that I’ve been watching is the DJTA.  from […]

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put the needle on the record, put the needle on the BROKEN record – caveat emptor

apologize for falling off the blog bandwagon early this week…got smacked like a brick in the face w/ a stomach bug. just resurfaced … actually got some emails from you asking where the posts are…thanks! since my record appears to be broken, thought I would add some thoughts from 50+ years of trading…each of these men […]

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