SPX | Bart's Charts

S&P 500 Index – March 15, 2023

Posted on March 15, 2023 Leave a Comment

Perspective … we made a higher low today. Let’ that sink in … Now, my stance is to remain bearish and I do believe we are in the very early stages of a smashing wave 3 and, add fuel to the fire, it’s a “3rd of a 3rd” wave down. Wonderful … Near term, the […]

S&P 500 (cash) – March 14, 2023

Posted on March 14, 2023 1 Comment

As expected we are rallying after completing 5 waves. If you take a peak at the (2) around 4077 that is the beginning of the wave that we are retracing. Take note, we could go all the way up to that level and still fail and the count would be valid. Also, take note that […]

S&P 500 E-mini – March 13, 2023

Posted on March 13, 2023 Leave a Comment

The support/rally that was found today by the market was “expected” as we could see 5 waves down. Now the BIG question is was the high today the end of the wave 2 or do we rally once more. I would like to see another rally so we can PROJECT the upcoming POTENTIAL inflection point. […]

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 […]

S&P 500 – March 09, 2023

Posted on March 9, 2023 3 Comments

I try to make it clear on the chart below that I just “don’t have a clue” if the ATH on the S&P 500 is THE HIGH or A HIGH … I don’t have the data and, frankly, I’ve seen very amazing professionals say it is THE HIGH and also say A HIGH. Both, totally […]

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 […]

Palladium and the dead cat?

Posted on September 21, 2021 1 Comment

last post on Palladium: https://atomic-temporary-44460632.wpcomstaging.com/2021/08/22/important-correlation/ think about it … went to a long term Palladium chart and was able to calculate the low of 80 ish in Jan 1991 (yeah, 30 years ago) and then figured it was close based on the sell off .. well we hit it and YAWN HO HUM I would […]