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when the big boys eat soup volatility rises ….update 2/20/2016
Posted on February 20, 2016 Leave a Comment
2/20/2016 Campbell’s soup has made new highs, shattering the pattern discussed below. Now, that pattern did hold for 7 months and resulted in a 20% decline. However, when a monthly pattern that’s so nice in PRICE/TIME hits, one would expect a little more of a corrective move. But, we live in a world of probability, […]
when the big boys eat soup volatility rises …. BOINK
Posted on November 4, 2015 Leave a Comment
11/4 – BOINK. target hit … support here means “institutions” are getting conservative. Hmmmmm, something to watch. Here’s the comparison w/ the $NYA. Note how they are INVERSE. When the blue line ($NYA) is going UP the ratio goes down and when the ratio goes UP the $NYA goes down. We’ve hit big time support […]
when the big boys eat soup volatility rises ….update
Posted on October 18, 2015 Leave a Comment
October 18 2015: note, the CPB/NYA ratio has been straight down but it running into potential support a little lower. The thesis is during times of “risk off” institutions roll into the staples and stuff like toilet paper, toothpaste, food, soup, etc. has stronger relative strength. Keep an eye on this next week as support […]
when the big boys eat soup volatility rises ….
Posted on September 19, 2015 Leave a Comment
Below the two dashed lines is a post that I did 2 years ago – almost to the day. Pretty amazing …some would call it synchronistic. I’ll just leave it at that … Personally, I enjoy my Saturday and Sunday morning’s w/ a cup of coffee. Nothing going on, put a little Pandora on the headset […]
CHANCE favors the prepared mind …
Posted on July 26, 2015 Leave a Comment
I have learned almost everything I know about the TRADERS MINDSET from Larry Pesavento of http://www.tradingtutor.com. He first introduced me to harmonic pattern recognition and after about 6 months I had trained my eye (thru his tutelage) to understand and see the swings. Others – Michael Jenkins (www.stockcyclesforecast) have fined tuned my understanding of vibrations, […]
Great Weekend Reading @seeitmarket – honored to be included
Posted on March 15, 2015 Leave a Comment
http://us4.campaign-archive1.com/?u=2b36d80f2295312b8303ab8ac&id=a78a8c3ee8 folks, bookmark this site … GREAT contributors! Go CAPS vs BRUINS tonight … Bart
VIX Triangle Complete? ($vix)
Posted on February 8, 2015 Leave a Comment
in Elliott Wave theory a triangle occurs in 5 waves labeled a-b-c-d-e. a case can be made that the VIX completed the final (e) wave of a triangle on last Friday. this week is going to be crucial w/ so many patterns pointing to the downside …
VooDoo or Sound Principles? Who cares …
Posted on August 19, 2014 1 Comment
for any of you who have followed this blog will attest – I simply live and die by the patterns. They are an edge …and edge is simply something that is more likely to happen than not. If I manage risk then the edge supports making money in the markets. I DO NOT care how […]
monitoring the top 10% weighted sectors ….
Posted on June 12, 2014 Leave a Comment
I really liked this post: https://bartscharts.com/2014/03/16/swing-low-sweet-chariot/ CLIFF NOTES: our PATTERNS have been hit across the board in the top weighted sectors of the S&P. However, doesn’t mean a darn thing till the swing lows are taken out. Review the post above …
Continuing to watch the components (>10%) of the S&P 500 – an update
Posted on June 7, 2014 Leave a Comment
CLIFF NOTES: the biggest development of this past week was the CLOSE above our pattern level on the XLF. It is my belief, and history has shown, that the banks LEAD us UP and LEAD us DOWN. As long as the banks are stable, this market will continue it’s “Wizard of Oz’s” climb …also, my […]