Archives

NYSE Index – UPDATE

did a little bit of work on the NYSE for my friend Larry P and found some pretty interesting “form and proportion” w/ regards to the $NYSE. folks, it’s almost ALL the SAME. Here’s what I see on this chart: note the blue triangles the vertical represents PRICE and the horizontal represents TIME from 2007 […]

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XLP / NYA update – heads up and pay attention

03/30/2016 see chart below and let me know if you have any questions .. some things to think about. VERY NICE POP since this post … let’s not get cocky … trade what you see. B so based on the above – certainly could put this into the potential’s out there.  just saying …   […]

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NYSE Index – resumption of downtrend or pullback in/around here?

well this pattern got SMOKED today … ctrl-alt-del on this one and look for the most logical stopping point. not sure right now …

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the current market conditions and the AUDJPY – update

03/13/2016 – UPDATE I’ve received a  bunch of requests trying to see if this is a new BEAR MARKET or a corrective move w/in the context of a BULL MARKET. so, in order to give it a shot I’m going to go to the AUDJPY. TILT …?  Yes, the AUDJPY.  Please see below and read […]

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when the big boys eat soup volatility rises ….update 2/20/2016

2/20/2016  Campbell’s soup has made new highs, shattering the pattern discussed below. Now, that pattern did hold for 7 months and resulted in a 20% decline.  However, when a monthly pattern that’s so nice in PRICE/TIME hits, one would expect a little more of a corrective move.  But, we live in a world of probability, […]

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coming into tomorrow we are pretty much there….2/12/2016

note the $NYA chart below …. blue arrows represent the largest corrective move since 2009 in the 2007-2008 financial panic this measured move held the market at bay for almost two months can you imagine the talking head pundits on CNBC BS’ing about that for two months … blah blah blah. we also see the […]

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New York Stock Exchange … $NYA doing the same thing as 2007

two things to note: the trend line break and then the retest right at the .618 retracement from 2003-2007 trendline. CURRENTLY: the trend line break and then the retest at the .618 from 2009-2015 trendline. lower highs since April 2015 …. just a pattern. hope you have had a wonderful wonderful…

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New York Stock Exchange Index BUY patterns coming into play

I know the DJIA, S&P, Russell and all of that is important. but, for me, to get a really good look at everything – I use the New York Stock Exchange Index. why? “The NYSE Composite is a stock market index covering all common stock listed on the New York Stock Exchange, including American depositary […]

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keep an eye on this PATTERN

to reiterate, the key w/ patterns is the fact they give you a line in the sand to make determinations of trends,  possible inflection points and overall strength/weakness of the market. in this case, we have the $NYA (the largest index) doing the EXACT same thing it did in 2008.  so, I like to keep […]

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when the big boys eat soup volatility rises …. BOINK

11/4 – BOINK.  target hit … support here means “institutions” are getting conservative.  Hmmmmm, something to watch.  Here’s the comparison w/ the $NYA. Note how they are INVERSE. When the blue line ($NYA) is going UP the ratio goes down and when the ratio goes UP the $NYA goes down.  We’ve hit big time support […]

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