I like to draw circles … just work w/ me. how the 1987 low and recent high are connected by geometry
a couple weeks ago I posted this: https://bartscharts.com/2018/08/30/jpm-and-tops-of-circles/ it was some geometric work I did on JPM and ‘real time’ the top of a circle. I do have a theory of ‘why’ this technique works in projecting support or resistance but I’ll leave that to me and some of my friends. it really doesn’t matter – […]
5 waves down showing a valid count … note, log trend line coming into play … we weekly or monthly close above that line would, IMHO, signify the bottom in rates for a long time to come is in place.
great commercial w/ that dude sitting in his chair … one of the things that I’ve been watching amidst the “noise” (yes, noise) of the talking head pundits saying “rates this and rates that and rates are xxxxx” is, simply, the Fed Funds Interest Rate Futures. In past posts we have successfully captured swings in […]