The “Power of the Pattern” was suggesting to buy the Australian $ on a channel breakout a little over a month ago (see post here). Over the past 5 weeks, International currencies have done well as the U.S. Dollar has declined. See currency comparison below. FXA update below… CLICK ON CHART TO ENLARGE Game Plan…Harvesting FXA [...]
CLICK ON CHART TO ENLARGE Each time over the past few years that bond yields have reached the peak of falling channel (A), equities were also putting in a peak in prices! If the Power of the Pattern and history is any guide, the above chart was suggesting that bond yields and equities were due key [...]
CLICK ON CHART TO ENLARGE Should very short-term support give way at (2), line (3) could come quickly and provide some support. Will be open to some harvesting if line (3) is hit!
Suggested to “score on defense” buy purchasing TBF, in the chart below, one week ago today (see post here). Wow, what a difference a year makes, as Govt bonds have been “HIT HARD!” CLICK ON CHART TO ENLARGE CLICK ON CHART TO ENLARGE Game Plan….TBF position is up over 5%+ in the past week. ADD A [...]
CLICK ON CHART TO ENLARGE Anyone notice what the “Patterns have been suggesting we should do” of late? Below is a small summary of suggestions from last week…. Widest Spread between the Nasdaq 100 and the VXN in almost 10 years, with the NDX at a potential “Double Top” (see post here). Game Plan…Don’t own the [...]
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