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STOXX – ugh

I’ve been following STOXX for a friend overseas and I truly hope that he and his family and friends are OK w/ all this craziness going on …hat tip, friend. here’s the link to the STOXX posts on my site: https://bartscharts.wordpress.com/?s=stoxx net-net, my friend contacted me a couple years ago and asked about European Banks […]

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STOXX Banks for a friend overseas …UPDATE 10/21/2017

10/21/2017 – continues to consolidate. at present long term/large triangle thesis is still in play. key level remains 114.18. *** important development. on the daily chart below a very ‘nice’ BUY pattern is appearing a little lower. IF this PATTERN FAILS THEN perhaps this will cause further weakness in STOXX and start to resolve the […]

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STOXX Banks for a friend overseas …UPDATE 06/09/2019

——————————————————————————————————————–06/09/2019 – well, from our point labeled ‘e’ it’s been straight down. From an Elliott perspective we are in another wave lower and it sure doesn’t look good for the home team. expect lower prices in the coming weeks, months. this doesn’t look good. ——————————————————————————————————————– 02/28/2019 – well, pattern recognition says you should always BUY […]

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STOXX Banks for a friend overseas …UPDATE to the UPDATE

08/05/2017 – recent strength appears to want to take out the 139.67 high. However, the key levels still remain as shown below.  A DAILY CLOSE above 144.28 will make me rethink scenario below. Hope this helps … Bart   07/01/2017 – STOXX banks rallied into the target zone to keep the triangle (monthly) thesis alive. […]

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STOXX Banks for a friend overseas …UPDATE

07/01/2017 – STOXX banks rallied into the target zone to keep the triangle (monthly) thesis alive.  key levels indicated below on STOXX Banks and also the STOXX / US Banking Index. Hawk these levels for strength or weakness. Be well my friends … Bart —————————————————————————————————————————————————– the KEY here is are we finishing a triangle and […]

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STOXX Banks for a friend overseas …

the KEY here is are we finishing a triangle and this latest leg up represents the final sequence (e) of a,b,c,d,e … the relationship that is giving me a ‘hint’ that this might be the case is the fact that the e is representing .618 of b-c (a common relationship in triangles)  on the charts, […]

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