04/28/2017 – an update w/ the gang @seeitmarket https://www.seeitmarket.com/nasdaq-composite-nearing-major-price-target-16812/ _________________________________________________________________ 03/21/2017 – update if you look at the chart below … you’ll see the blue arrow measured move from the 2002-2007 hit pretty much spot on …. I add this to the “march” to 6200 because, well, I still think that is the target. as for my […]
03/21/2017 – update if you look at the chart below … you’ll see the blue arrow measured move from the 2002-2007 hit pretty much spot on …. I add this to the “march” to 6200 because, well, I still think that is the target. as for my followers – YOU know that I hate to give you […]
I’ve tried to be pretty consistent ..sometimes they work and sometimes they don’t. When the SELL pattern on the banking index appeared it was, in fact, a beauty. however, after today’s close would consider it a FAILED PATTERN.
Banking Index- they don’t get any better than this … PATTERNS at their finest. (sorry, changed the title)
Wow, doing some chart surfing before I try to Stand Up Paddleboard after my son’s basketball game (TRY is the operative word) and simply jamming to “I am the Highway” by Soundgarden … isn’t Chris Cornell’s voice simply fantastic. I find when I get in “state” I see things and, well, its simply enjoyable. Not […]
also, note how correlated the $ITB is with $XLF. did a blog post for @seeitmarket on the financials: http://www.seeitmarket.com/whats-next-for-the-financial-sector-etf-xlf-14447/ watch this pattern – closely. good weekend to you. B
PATTERNS on the ES, $NYA, Banking Index and Yen to tell me if we break out to new highs. Banks are rolling. That’s bullish – get thru level shown then we should surge higher Yen, after an entire 6 weeks of doing nothing – EXPLODED. 119.80 line in the sand ES “basic” AB=CD complete. NYA […]
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 […]