Bitcoin Looking at a Pullback to $6,000

2018-01-18T13:02:18-05:00January 18, 2018|

Oh yeah, I’m talking about a much bigger pullback in Bitcoin than what anyone else is talking about.  Feel good about today, and for however long this bounce lasts. For now, this is nothing more than a dead-cat bounce.  […]

Bears Praying for a Market Breakdown With This Chart

2016-08-31T14:03:44-04:00August 31, 2016|

Some people haven’t quite shared the same sentiment about the current pattern developing on the S&P 500 (SPX) as me. Granted, it is tough to make out on the daily chart, but I’ve gone ahead and drilled down to the 30 minute chart to show you the head and shoulders [...]

McDonalds (MCD) Going Fight Club On Its Chart

2016-08-19T13:31:14-04:00August 19, 2016|

McDonalds (MCD) while I’m a Yuuuuge fan of the 24 hour breakfast menu, I utterly detest the chart of MCD as it currently presents itself.  You have a massive head and shoulders pattern that you will see in the chart below. The chart is absolutely perfect and it is unfolding [...]

30 Minute Chart Must Hold Here

2016-06-13T13:44:30-04:00June 13, 2016|

This is what I’m watching on the 30 minute chart of SPX. If it holds – that is big. If it doesn’t, I think it starts the next leg down in this market. Right now. I am playing it to hold.  […]

The Scariest Chart For All Of Stocks

2016-05-19T14:08:15-04:00May 19, 2016|

One of the members of the SharePlanner Splash Zone brought this chart to my attention recently and it is quite honestly frightening.  Since 2001 this has only happened two other times and it coincided with the Tech Bubble bursting in 2000-2001 and with the Subprime Mortgage crisis of 2008.  Now [...]

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