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Dow Jones Transports and the Major Seventh …

CLIFF NOTES: more than likely, you saw my long term transports post a couple months ago and as this target got attacked I was truly looking for a “little” resistance.  I mean, come on, it was the ALL TIME LOW to the “old” ALL TIME HIGH and we have a 1.618 extension RIGHT ON TOP […]

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update to the “chart of my lifetime”

CLIFF NOTES: we are up almost 3% above the PATTERN that completed from the all time low on the transports some 46,000 ish days ago.  Is that statistically significant?  Well, I honestly don’t know.  We do have the 1.618, 1.68179 (musical note F#) and the 1.732 extension targets that are being played with …so, my […]

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DJ Transports and Utilities updated

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 […]

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Swing Low, Sweet Chariot ….

As we have discussed multiple times in this venue, the move since 2009 has been one heck of a ride.  This chariot of stock market emotion is, literally, off the charts.  It is at an extreme that has surpassed 1929, 2000 and 2007.  For the past 6 months it has defied the powerful cycles and […]

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