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NYSE Index – UPDATE
Posted on April 9, 2016 Leave a Comment
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 […]
XLP / NYA update – heads up and pay attention
Posted on March 30, 2016 3 Comments
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 … […]
NYSE Index – resumption of downtrend or pullback in/around here?
Posted on March 17, 2016 2 Comments
well this pattern got SMOKED today … ctrl-alt-del on this one and look for the most logical stopping point. not sure right now …
the current market conditions and the AUDJPY – update
Posted on March 13, 2016 Leave a Comment
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 […]
when the big boys eat soup volatility rises ….update 2/20/2016
Posted on February 20, 2016 Leave a Comment
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, […]
coming into tomorrow we are pretty much there….2/12/2016
Posted on February 11, 2016 2 Comments
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 […]
New York Stock Exchange … $NYA doing the same thing as 2007
Posted on January 3, 2016 Leave a Comment
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…
New York Stock Exchange Index BUY patterns coming into play
Posted on December 9, 2015 Leave a Comment
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 […]
keep an eye on this PATTERN
Posted on November 9, 2015 Leave a Comment
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 […]
when the big boys eat soup volatility rises …. BOINK
Posted on November 4, 2015 Leave a Comment
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 […]