Archives

Asian Open – Fed cuts rates to zero and possible mirror image foldback NYSE Index

here’s last weeks post on the Asian Open and the YEN. level worked pretty well and we rallied pretty much all week. the USD vs YEN should stay below the 108.46 level and/or 109.866. if (the big if) this sell signal works then it ‘should’ put pressure on the equities: even w/ the FED cutting […]

Read More

TBT – BUY (?) No, I’m not crazy UPDATE 06/08/2020

06/08/2020 UPDATE: breakout from a long base and inverted head and shoulders and appears to be going back to the neckline for the BUY. the “low” was right inside a tight “buy” zone depicted below. ______________________________________________________________________________________________ yes, I know that even thinking of BUYING TBT in this current market is insane BUT I really don’t […]

Read More

TBT

09/12/2019 – as discussed below, took my lumps on trying to go long TBT. so am watching it to try another LONG (yes LONG) TBT. note the volume spike and also the 52 ish percent moves down seem to cause bottoms. also, take a look at the 30 year continuous chart … we very well […]

Read More

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://atomic-temporary-44460632.wpcomstaging.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 – […]

Read More