Tag: New York Stock Exchagne

NYSE Index – January 01, 2025

NYSE Index has hit a long term target. VERY important support upcoming.

Happy New Year – here we go 2025.

NYSE Index finally hit a long term target and, for now, appears to be reacting downward as expected resistance. Again, who knows if this is the making of a big top or a much needed pullback, either way, keep an eye on it as it could accelerate to the downside. One of the things I’ve noticed is the YEN is still not as strong as I thought it “should” be and, therefore, the equity has held up or even continued to advance higher …

NYSE Index has a VERY important support zone ID’d … let’s see what happens there. The red line is THE (CAPS FOR EMPHASIS) 1×1 trendline that it simply smoked (I was surprised at that one) so now, if POLARITY does work it ‘should’ offer a buy opportunity or a zone / area of support.

If it does not hold and it slices thru it … then I might go back and make sure I have the right trend line!

Have a GREAT New Year in 2025.

Bart

Ratio Analysis – November 15, 2024

Big TIME and PRICE PATTERN completing/completed. Heads up to equities ..

For the market (US Equities) to continue higher, it will need to break the support level on the XLP/NYA.

Take note – it’s a PERFECT TIME AND PRICE correction equal to the last ‘largest’ corrective move.

As long as this holds, expect downside pressure on the equity market.

New York Stock Exchange – a BUY pattern emerges UPDATED

11/19/2018 – revisiting this pattern from the end of October. The levels indicated have NOT been hit so, believe it or not, this is ‘standard’ corrective move in the NYSE Index since 2009.  Thus far, every major correction has been the dashed red arrows.

also, we have polarity support area and then we have all  kinds of ratio’s coming together – along w/ a BUNCH of projections. so, this area is VERY important. Remember, if we try to filter out the noise and the trend is your friend until the end then WE HAVE TO BUY this level .. perhaps wait for a Signal Reversal Candle but at a minimum believe this is the most crucial support area in 2018.

again, this level hasn’t even been tested yet, so hold on to your hats and everyone just chill … let me know if you have any questions.

note, another lower level has 3 ratio’s coming in (highlighted red) so if we lose the blue, the red is pretty reasonable area for the next target.

Bart

10/18/2018