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Dollar and Stocks – March 22, 2023
Posted on March 21, 2023 2 Comments
Today, monitor and watch – CLOSELY the BUY PATTERN on the US Dollar Index. That level is in/around 102.50-102.70. As you can see below, I have INVERTED the NYSE Index to give a flavor for the pivots in the equities and how they correspond to the US Dollar. From the perspective of the S&P 500, […]
S&P 500 Index – March 15, 2023
Posted on March 15, 2023 Leave a Comment
Perspective … we made a higher low today. Let’ that sink in … Now, my stance is to remain bearish and I do believe we are in the very early stages of a smashing wave 3 and, add fuel to the fire, it’s a “3rd of a 3rd” wave down. Wonderful … Near term, the […]
S&P 500 E-mini – March 13, 2023
Posted on March 13, 2023 Leave a Comment
The support/rally that was found today by the market was “expected” as we could see 5 waves down. Now the BIG question is was the high today the end of the wave 2 or do we rally once more. I would like to see another rally so we can PROJECT the upcoming POTENTIAL inflection point. […]
S&P 500 – March 12,2023
Posted on March 12, 2023 2 Comments
Expect a rally the next couple days …perhaps a slight gap down but eventually support and then a rally should occur. Futures tonight are already providing that “commentary” so I’d expect a larger than “normal” rally due to the world is coming unglued (it is) but you know what I’m saying … “everyone” expected a […]
Palladium and the dead cat?
Posted on September 21, 2021 1 Comment
last post on Palladium: https://atomic-temporary-44460632.wpcomstaging.com/2021/08/22/important-correlation/ think about it … went to a long term Palladium chart and was able to calculate the low of 80 ish in Jan 1991 (yeah, 30 years ago) and then figured it was close based on the sell off .. well we hit it and YAWN HO HUM I would […]
Hot knife thru butter …
Posted on March 12, 2020 Leave a Comment
when I came up w/ the support levels last night I certainly didn’t think we would come down into those levels today. not the least bit BUT we did .. ugh. I watched the levels in between calls as the gap came down into our targeted support zone – actually held for a bit and […]
03/08/2020 Asian Open Update
Posted on March 8, 2020 Leave a Comment
the USD vs YEN cross rate is a BIG FX pair to monitor for equity strength and weakness. we had a nice ‘nominal’ 1100 point gap down to the open the DOW futures in Asia and a 20 percent drop in crude. rocking and rolling folks … as the night progresses, just watch 102.06-103.20 on […]
Bart's Charts 