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S&P 500 – March 12,2023
Posted on March 12, 2023 2 Comments
Expect a rally the next couple days …perhaps a slight gap down but eventually support and then a rally should occur. Futures tonight are already providing that “commentary” so I’d expect a larger than “normal” rally due to the world is coming unglued (it is) but you know what I’m saying … “everyone” expected a […]
so … who is eating who?
Posted on October 19, 2021 1 Comment
last post on current market conditions: https://atomic-temporary-44460632.wpcomstaging.com/2021/10/17/sometimes-you-eat-the-bar-and-sometimes-it-eats-you/ if your someone trying to get short – sure looks like the bar is eating you …if your trying or are long looks like you are eating the bar … man, this is interesting. 1/ as a PATTERN recognition expert I can say that the PATTERNS for selling […]
Sometimes you eat the bar and sometimes it eats you …
Posted on October 17, 2021 1 Comment
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 […]
S&P 500 futures – update
Posted on August 31, 2019 Leave a Comment
09/12/2019 – market blew thru the pattern level and is very close to setting new highs in the ES. This represents a failed pattern … if you look we have some numbers coming in right below old high but as far as the VERY NICE sell pattern that was present – it’s cooked. back to […]
Sunday night … rocking and rolling
Posted on August 25, 2019 Leave a Comment
as expected, we are rocking and rolling on Sunday night (08/25/2019) – no doubt it’s going to be an interesting day tomorrow. as you can see, the futures did gap down, but found support perfectly on the BUY pattern at 2811. this level is key to hold overnight and over the coming couple of days […]
Trendlines
Posted on August 14, 2019 Leave a Comment
nice little trendline ‘creator’ that Michael Jenkins taught me .. when the markets start rocking and rolling I like to find out what the ‘true’ trend lines are telling us … in this case, certainly can make the case that Mars Helio trend line has been important – just look at the chart below. let’s […]
XLP / S&P 500 – support here is justified and, perhaps, a signal of volatility to come? UPDATED 11/04/2018
Posted on June 9, 2018 1 Comment
11/04/2018 – back on June 09, 2018 we saw this – almost – perfect pattern hit support. it’s the ratio of XLP / S&P 500 – we use ratio analysis to look for ‘risk on’ or ‘risk off’ mindset from the big dudes. in times of ‘risk on’ the ratio will go down as the […]
back at it … just got back from a week long Stand Up Surf Camp … where are we now?
Posted on May 13, 2018 Leave a Comment
amazing week in Punta Mita Mexico … after my daughter got married my wife ‘allowed’ me to take some R&R. Worked hard for a week on my SUP skills w/ these guys: https://supnsurfretreat.com/ if you have any interest in Stand Up Paddle Surfing do this … shout out to Chris Sfor ALWAYS being patient w/ me. […]
Bart's Charts 