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I STILL think this is a big deal … Utilities… an update…and another update

1/2/2018- after the failure of the measured move target, we came up with some additional targets. it certainly appears we have TWO 3-drives to a top patterns coming together w/ very nice time symmetry.  not to sound the alarm here BUT this has the makings of a very important and large top for the Utility […]

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I STILL think this is a big deal … Utilities… an update

08/24/2017 – hard to believe it’s been a YEAR since I last posted on the Utilities … at the time, as you can see below, the DJ Utilities Average was about to equal it’s measured move (the blue arrows) along w/ hitting a 3 drive monthly pattern at the 2nd drives 1.618 expansion target.  The […]

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@seeitmarket w/ TLT and a quick look at the 30 year …

9/3/2016 – have been doing some work over @seeitmarket w/ Andy and the gang here: http://www.seeitmarket.com/defensive-sector-etfs-hit-targets-reversals-next-tlt-xlu-16014/ also, note the breakdown on Friday of the 30 year support .. this is looking very heavy. here’s an update to the charts:  

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I STILL think this is a big deal … Utilities… an update

August 7, 2016 – are the Utilities cracking?  Historically, they have NEVER gone farther than the measured moves shown from the post 6/6/2016. Stay tuned.  the point we are trying to make here is that when these blue measured moves are present AND a perfect 1.618 extension is present THEN the Utes have correct either […]

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I STILL think this is a big deal … Utilities

06/06/2016 – were rolling right up into the target zone w/ monthly bearish divergence. yes, I still think this is a big deal and begs of caution … in 26,854 days Utilities have never gone farther w/out a major correction.  Questions?     going to show this chart again of the Utilities … watch closely, […]

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I think this is a big deal … Utilities

going to show this chart again of the Utilities … watch closely, the upper target is pretty darn close.  Since the low in the 1940’s the Utilities have never gone farther than this (or close to this – still some upper targets) w/out a major pullback.

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“I think this is a song of hope …” Robert Plant Live Stairway to Heaven

The S&P 500 has been climbing a stairway to Heaven .. folks coming into 2015 we had some pretty strong patterns appearing.  some worked and some didn’t – isn’t that what we expect? that being said, it was prudent to be cautious due to their presence. here’s what I posted around a year ago: “Let’s […]

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Fractal Present on the Utilities – check it out

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 […]

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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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Dow Jones Utilities Long Term (1942) Price Pattern

CLIFF NOTES: major target appearing on Dow Jones Utilities at/around 573.  Definitely the stronger of the Dow components but 1) monthly divergence is presenting itself, 2) a possible 5 wave (monthly) count completing, 3) THE AB=CD pattern from the all time low in 1942 is a little higher …so, believe this is the most important […]

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