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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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Utilities (DJUI) update

http://bartscharts.com/2014/02/03/utilities-as-a-safe-play-not-yet/ Utilities broke out of the potential triangle ID’d a couple days ago … the move up had volume and note the large candle present.  The chart below shows the next pattern w/ regard to a bearish outlook on the Utilities sector. if this level does not hold I will work backwards and find out […]

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