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JPM and tops of circles

if you do a search for JPM on this site you’ll see it’s pretty much ‘paused’ at every PATTERN out there but ultimately broke thru and kept going higher w/ strength. Good on em’! we are again at a PATTERN completing. Top of a circle, 1.618 price projection from the all time low, 2.71828 (natural […]

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JPM update

10/21/2017 – around a year ago the pattern below was defeated by JPM.  as you can see from November 2016 it was a pretty big candle coming into this level. we are now at another crucial level for JPM.  100-105 ‘should’ cause some stiff resistance. w/ the continued bullish movement of the overall market would […]

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JPM update

11/19/2016 – update to JPM. the pattern in/around the 60’s caused quite the chop fest but was, ultimately, defeated. now, since the election, JPM has vaulted out of the gate into the ‘big AB=CD’ and extension area … because of such a big candle coming into this level, it begs of caution if trying to […]

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JPM Voo Doo – redux

Folks, we have now closed above the PATTERN level.  If we get thru 63.63 on a weekly close then this PATTERN has failed and JPM is off to the races. Again, this is a MONTHLY PATTERN.  When they fail … things really take off.  WATCH CLOSELY!   Folks, almost a year ago this pattern was […]

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JPM Voo Doo

Folks, almost a year ago this pattern was ID’d on JPM … pretty crazy hugh?  here’s the updated chart – pattern appears to be hanging in there.  any daily close above, say, 63 would be a pattern failure IMHO. again, before hitting the sack, it simply amazes me that I can sit here in my […]

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JPM updated w/ a SELL pattern complete

August 29 2014: when we use PATTERNS on weekly and monthly charts PATIENTS is a must.  If you take a look at the thread below, the JPM PATTERN was identified back in November 20013 and then didn’t hit for 4 months.  It hit, perfectly, and fell roughly 20 percent.  The rally has been roughly 203 […]

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this never gets old …

CLIFF NOTES: I have NEVER taken an econ or business course in my life.  I wouldn’t begin to even know how to look at anything that has to do w/ the fundamentals.  I am not saying that fundamentals (CFA) aren’t applicable or don’t work or anything like that … I am only saying I know […]

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JPM updated w/ a SELL pattern complete

in November 2013 we targeted this area as a SELL pattern: http://bartscharts.com/2013/11/19/jpm-beautiful-sell-pattern/ much like the movie Inception  w/ the dream w/in a dream w/in a dream concept we also like PATTERNS to behave in the same manner. a pattern w/in a pattern w/in a pattern.  all this does is increase the probability of a pattern […]

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remove bias, trade what you SEE – JP Morgan

does ANYONE remember the EMOTIONS of March 2009?  do you think ANYONE in their right mind would recommend a BUY on the XLF in MAR 2009?  well, just as a reminder here it is … why am I pulling this thread right now?  well, the past couple days I have received some very convincing emails […]

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