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IBM pattern failure …

11/2/2018 – ouch. The area labeled ‘FAILURE OF PATTERN BELOW’ is one of those levels that ‘should’ have acted as extremely nice support for IBM. Guess the operative word is ‘should’ w/ regard to that last sentence.  Take a look at that candle … boom. That folks, is what a pattern failure looks like. so, […]

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RATIO ANALYSIS of XLP/NYSE Index – ain’t bearish folks, yet (UPDATE June 3, 2018)

06/03/2018 – quick update to the XLP/NYA ratio.  Still waiting for a BULLISH SRC to signal a ‘institutional shift’ to risk off assets in the form of staples and this ratio finding support (XLP / NYA) and starting to rise. While we did get a BULLISH MONTHLY HAMMER CANDLE in May we still have lower […]

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Bitcoin and it’s Parabolic Rise over @seeitmarket an update

12/21/2017 – have been vacationing w/ the family in Cabo.  Great time … below is the updated chart of Bitcoin Index.  would like to see another move lower to complete an A-B – C correction.   __________________________________________________________________________________________________________________________________________________________________________________________________ https://www.seeitmarket.com/bitcoins-parabolic-move-3-drives-to-a-high-17531/  

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GPRO

just sent over an update to GOPRO for Andy and the gang @seeitmarket. here are the two charts … if we lose the daily pattern to the downside then a move to 4 isn’t out of the question …wow, hugh?

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TBT or TLT over @seeitmarket

https://www.seeitmarket.com/popular-treasury-bonds-etf-tlt-headed-lower-yet-17409/

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Continuing to Monitor the XLP / NYA important ratio …

did this for Andy and the gang @seeitmarket: https://www.seeitmarket.com/are-consumer-staples-signaling-a-volatility-omen-17331/ here’s an update as of Friday’s close: If I learned anything from getting my CMT it was the power of ration analysis.  X/Y …. If X is stronger the chart goes up and if Y is stronger then the chart goes down. And, since we are charting […]

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GOOGLE update

07/16/2017 – well, the area defined below did hold and, thus far, show a lot of strength blasting off from this area.  for now, would look for 998-990 to act as near term resistance.  There isn’t a lot of form/structure to look for a pattern SELL so for now watch the numbers discussed in the […]

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GOOGLE update

I’ve spent some time over @seeitmarket working on GOOGLE.  This was my last post: https://www.seeitmarket.com/google-stock-update-googl-watching-top-trading-15550/ As you are probably aware, it blew thru the target area. Now, it did spend roughly a year and half at the target level but in the end it blasted off. Back to the drawing board … Where are we […]

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Molly Hatchet and the Bond Complex – flirting with disaster? Update 04/01/2018

04/01/2018 – update note, the prices bounced nicely off the long term Pitchfork (extended 1.27) and w/ the RSI buried deeply, this ‘bounce’ might surprise some as we work off an extreme oversold (monthly) condition since 1985. I still hold out that we have a MAJOR top in the Bond Complex and this is an […]

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