Archives
Markets – April 27, 2026
BLUF: I am still in a defensive mindset and will remain so until a SELL PATTERN is triggered on the XLP/NYA or the low that was made a few weeks ago is taken out to the downside. The technology sector continues to launch into the upper limits of a historic run. My good friend, Larry […]
Markets Part II
Posted on February 2, 2025 Leave a Comment
6 weeks later, still up against the PATTERN levels. I do think this will be resolving, soon. Which way – not even going to try and guess!
Where are we …
Posted on January 28, 2025 1 Comment
Patterns appearing all over the place …the only ones that count are the BANKS/FINANCIALS. They will lead us up and lead us down … bank on it … (get that?)
Markets – December 17, 2024
Posted on December 17, 2024 2 Comments
Markets are topping or have topped. Caution is warranted …
NASDAQ Composite – April 21, 2024
Posted on April 21, 2024 Leave a Comment
Big confluence zone of support for the NASDAQ.
The Markets – March 24, 2024
Posted on March 24, 2024 1 Comment
The NYSE Index HIT the square out at 18, 059 and reacted very very minimally (which surprised me to be honest) and is walking up the wall of worry. Today that level is at 18,070. As you can see above, we have not CLOSED ABOVE the 1:1 trend line from the all time low and […]
XLK / XLP – January 21, 2024
Posted on January 21, 2024 Leave a Comment
In the chart above, one can see the “blue measured moves” have been important price moves and, from a percentage perspective, EVERY move UP in the ratio has met resistance after the “blue measured move” has completed. Remember, this is LOG scale so 1/ the measured moves are percentage moves and 2/ the corrections might […]
NVDA – July 17, 2023
Posted on July 17, 2023 1 Comment
Last post on NVDA: https://atomic-temporary-44460632.wpcomstaging.com/2023/05/30/nvda-update-may-30-2023/ the ABCD target on NVDA has been hit on the monthly (it actually went higher and did the 12th root of 2 (1.05946) which is the ratio used to tune the equal octave scale of music) with noticeable bearish divergence on the 14 period RSI. I expect some serious resistance. […]
Ratio Analysis Time – June 28, 2023
Posted on June 28, 2023 Leave a Comment
Was over on the Top Gun options group chat working some NVDA charting and I decided to pull out some ratio analysis on the XLP and NVDA. XLP/NVDA Some stuff we need to consider: When we add up the 20 year trend line support that sure looks like it wants to hold and the ratio […]
Bart's Charts 