Macro/Big Picture Tuesday

Macro/Big Picture Tuesday

CLICK ON CHART TO ENLARGE  Not only does the 500 Index remain above key support, some key International markets do as well… CLICK ON CHART TO ENLARGE For investors that are not looking to repostion assets very often, due to 401k or trading restrictions, key...
NDX 100 update

NDX 100 update

CLICK ON CHART TO ENLARGE Game Plan….We are remaining holding positions to score on defense in the NDX, by owning PSQ.  The “Power of the Pattern” has been suggesting the NDX is most vulnerable of the U.S. major stock markets to...
Grains, Trains and…

Grains, Trains and…

  CLICK ON CHART TO ENLARGE Some key sectors of the U.S. and Global economy are breaking below support of respective rising wedges.  This support dates back to the key lows when sentiment was very bearish! (see post here)
NDX 100 clears Fibonacci hurdle…

NDX 100 clears Fibonacci hurdle…

CLICK ON CHART TO ENLARGE For the first time since the Tech bubble back in 2000, the NDX is 3% above its 38% retracement level at (1) in the above chart.  From a Fib retracement perspective, the next key resistance level comes into play around 2,750. NDX 100 is...
Favorite U.S. Index ETF is…

Favorite U.S. Index ETF is…

Patterns suggested over a month ago to “Buy the Mid-Caps” on a breakout. See pattern suggestion on 1/11 (see post here)  Below is an update on the MDY ETF. CLICK ON CHART TO ENLARGE   CLICK ON CHART TO ENLARGE Game Plan…Continue...
Food inflation peak?

Food inflation peak?

Rice is key for many diets around the world. Reports are cropping up that food inflation is causing some major challenges around the globe. The technical pattern in Rice finds itself at a very important level right now.   CLICK ON CHART TO ENLARGE I shared last...
Dollar key support

Dollar key support

Patterns suggested on 1/11, that the dollar was up against resistance that could halt its recent rally.  (see post here)  Since the Dollar hit resistance, it has fallen a good deal in a short period of time.  Now the Dollar is LESS THAN 2% away from KEY...