Archives

AAPL – June 27, 2023

Been holding onto these AAPL charts for a while until they approached the level. This certainly looks like a freight train for higher BUT you know, nothing like the top of a circle to pause / stop it in its tracks. I will not be shorting AAPL at this level but will find it interesting […]

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Ultra Short QQQ (SQQQ)- April 04, 22023

Michael Jenkins taught me how to look for Mirror Image Foldbacks. (www.stockcyclesforecast.com) – he also showed me how they are planetary in nature … essentially, whatever planet or pair (s) of planets came together at the folkback point, they will also move “out” from that point causing the same pattern to appears as a “mirror […]

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Palladium – approaching key level … important to NASDAQ

last post on Palladium: https://atomic-temporary-44460632.wpcomstaging.com/2021/09/28/keep-an-eye-out-for-palladium-in-the-lower-blue-blox/ as you can see, Palladium is tracking down into our level ID’d above back in September. additionally, you can see that they track each other pretty nicely. it’s NOT exact but the general trend and flow is pretty much the same… during this sell off in Palladium, the NASDAQ 100 […]

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Sometimes you eat the bar and sometimes it eats you …

love that saying from the Big Lebowski … what a great movie. so, here we go folks .. I’ve just ran thru the DJIA, NASDAQ and S&P 500 and ALL have sell patterns. what does that mean? well, nothing … right? it’s all probability … but, that’s what we play, probability …so, we have Gartley […]

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NASDAQ update

I redid my NASDAQ chart at the request of a friend .. the other night, when I posted it, I just drew the “AB=CD” and figured I would tighten it up over the weekend …I did tighten up the target w/ some more precision. the AB=CD has been hit. how did we get this target? […]

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XLK/XLP update – Ratio Analysis and the power of waiting – update 11/5

11/05/2020 – yes, some insanity is ongoing everywhere. that being said, we trust PATTERNS and tune out all the noise. In this case, we had the expected reaction to the resistance levels sighted below and, now with this rally, we have another SELL pattern coming into play. SELL THE RATIO = SELL TECH. NOTE – […]

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XLK / XLP – still has major resistance just a little higher!

we had a sell off on the ratio a couple weeks ago BUT there was not follow thru and we still have the lingering level just a little higher which is the real test … again, until we have a strong weekly close above this level I’m in the conservative/flat camp as far at the […]

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Technology – kaboom

watch this ratio as a key to provide support and resistance for technology names …

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