Archives
AB=CD on the Transports …
Posted on November 18, 2021 Leave a Comment
we last blogged about the “1.618 level” and the fact that we are in the continuation phase of completing a LOT of 5’s or we completed it at the AB=CD. that is one heck of a bearish “wick” on that candle folks … but it’s also a LOT of thrust into the AB=CD so WAIT […]
Transports – a LOT of degrees of trend coming together … heads up
Posted on February 21, 2021 2 Comments
it’s time to really start paying attention to the market across the board. in this case, there is a high probability that this count is correct. I was able to use some of the data from the peeps at http://www.elliottwave.com. I enjoy their newsletter and while sometimes too early, in the end, they have proven […]
UPS and DJ Transportation (update II 10/28/20)
Posted on October 8, 2020 Leave a Comment
Just a little higher and the Dow Jones Transportation Index hits a major long term target ….
Fractal Present on the Utilities – check it out
Posted on August 25, 2014 Leave a Comment
August 25, 2014: CLIFF NOTES: please see below to understand the importance of our recent high at 577. The long term PATTERN from the all time low completed. Now, we have the beginning formation of the trusted and true head and shoulders pattern on the DJ Utility Index. Why is this important …? Well, look […]
DJ Transports and Utilities updated
Posted on April 25, 2014 Leave a Comment
CLIFF NOTES: I am a patter recognition chartist. I am NOT trying to be overtly bullish or bearish. Just using this forum to show the PATTERNS that area ppearing. On the DJ Transports we have completed a MAJOR AB=CD sell pattern w/ a 1.618 extension. That is bearish. It’s particularly bearish because the pattern using the […]
the most important chart in my lifetime
Posted on April 1, 2014 12 Comments
CLIFF NOTES: the most important pattern in the history of the US stock market was hit today. Period. all time low on Dow Jones Transportation Index was 49.59 on 10/29/1896 that low when used as the key node for retracements was responsible for the LOW in 1987 (.382 retracement ), the LOW in 2003 (EXACT 50 […]
Transports pattern complete from 42,281 days ago …
Posted on January 25, 2014 2 Comments
I’m going to give myself .003% w/ regards to the pattern being complete on the Dow Jones Transportation Average. It never did hit, exactly, the 7616 target …but w/ the big move that occurred yesterday odds are that we have a MAJOR top in place. If you have been following my blog this “target” area […]
DJTA from the beginning 10/29/1896 w/ a dose of a 2.6 is 4.0 to me
Posted on October 21, 2013 3 Comments
true confession time … some of you might know and some of you might not know that I spent my first 11 years out of college w/ the privilege and honor to serve in the United States Navy. I flew jets, saw the world and knew absolutely NOTHING about the economy. In fact, here’s the […]