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I’m watching 4 things …
Posted on February 6, 2015 Leave a Comment
PATTERNS on the ES, $NYA, Banking Index and Yen to tell me if we break out to new highs. Banks are rolling. That’s bullish – get thru level shown then we should surge higher Yen, after an entire 6 weeks of doing nothing – EXPLODED. 119.80 line in the sand ES “basic” AB=CD complete. NYA […]
USD vs JPY redux
Posted on July 30, 2014 Leave a Comment
folks, I’ll say it once, I’ll say it again … PATTERNS PATTERNS PATTERNS. Check out this post on the JPY and then compare everything that has happened … they help you manage risk and therefore they work: relative strength of GOLD vs the USDJPY importance so, where are we now? let’s take a peak. first chart […]
around the world …. the song remains the same
Posted on March 22, 2014 Leave a Comment
cliff notes: not one new high across the world. Malaysia has given it a good try, but has not “on close” exceeded it’s 2007 high. the song remains the same … http://www.youtube.com/watch?v=CcYZlRWWxO0
around the world update … part II
Posted on February 15, 2014 Leave a Comment
Around the world update … the link above is where you’ll find our around the world cruises since August. this post is an update …what do we see? nothing has changed, significantly. none of the international indices have made new highs like the US equity markets … patterns have provided resistance, BUT not necessarily overt sell […]