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NASDAQ – huge trend line support being attacked
Posted on December 16, 2018 Leave a Comment
12/16/2018 – take note of the MONTHLY LOG scale on the NASDAQ Composite. I’ve outlined 3 critical areas to monitor on the chart. Also, you’ll see in the second chart that back last March we ID’d the 7600 ish area as the target zone. The market went another, roughly 5% and then ran into another […]
WATCH THE RATIO’s
Posted on December 16, 2018 Leave a Comment
12/16/2018 – as shown before, the ratio of XLP (Staples) / NASDAQ and the PATTERN that completed gave us fair warning of this correction we find ourselves in .. is it the beginning of the ‘next’ bear market. I have no idea. Is it just the ‘buy the dip’ – I have no idea. I […]
interesting … the RATIO of USD / CRUDE
Posted on February 12, 2017 Leave a Comment
folks, need to pay attention here … below you’ll find two charts: RATIO of $$$ / Crude Oil (continuous contract) – note the nice sell pattern that completed a couple months ago. now notice … we are hanging by a thread for USD to continue to weaken against Crude Ratio of $$$ / Crude oil […]
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 […]
this, never gets old .. Bladder of the Fish and Soybeans
Posted on March 28, 2016 Leave a Comment
03/28/2016 – am prepping for a presentation I will be giving at http://www.markettechnicians.org and it’s about the math of the great pyramids, Stonehenge and Music. I’m trying (really I am trying) to walk slowly thru the progression of why square roots are important and I had to include an example of the Vesica Pisces […]
XLP / $NYA need upper target to be hit AND a sign of accumulation …
Posted on February 6, 2016 Leave a Comment
note – we are forming a “doji” candlestick pattern – “uncertainty” on a monthly basis, yet the higher target remains a little higher. broke out of two monthly trend lines and have paused RSI approaching extreme overbought levels of the 2008-2009 panic. UNTIL WE HIT THE UPPER TARGET – FOR ME – we are in […]
classic Polarity …
Posted on January 22, 2016 Leave a Comment
Polarity: support becomes resistance and resistance becomes support. live it, learn it.
the Music of $NYA
Posted on September 29, 2015 Leave a Comment
Folks, you know that part of Pink Floyd Echoes around 14 minutes into it when the Seagulls are flying? I always love that part and always ask myself “self, why did they put that in there? It’s perfect.” The entire 23:32 is perfect harmony and proportion and transitions … and tonight, for whatever reason, it […]
WMT set up …slow down and digest the logic… this is important, I think
Posted on September 1, 2015 Leave a Comment
BUY WMT (?) note – measured move ( in price and time), polarity and an extension target …. needs to stop here and start back up, IMHO. we are also sitting on a former resistance zone of 15 years folks .. if break down from here – we’ll call that a “what’s the fighter thinking” […]
the Music of $NYA
Posted on August 9, 2015 Leave a Comment
equal octave scale of music is based on the 12th root of 2 … 1.05946. (darn there goes those square roots again) taking the all time low of 346 we can project price just like we do music. if you look below, it’s good to pay attention to where an octave ends … looks like […]