Final 48 hours for our membership promotion… If you’re tired of taking cues from the clueless talking heads, this is a great time to take the plunge. Volatility is high, and we’re racking up some great results [see: HERE.] Pebblewriter.com has provided uncannily accurate market guidance since our first post on May 2, 2011 where … continue reading →
Category Archives: Charts I’m Watching
Time for a quick update on the big picture. When USDJPY and CL bottomed on Feb 11, we called for and got a sharp rally. CL responded with a 31% spike, while USDJPY rebounded 3.5%. SPX tagged on 120 points for 6.6%. We’re at the point now where the bounce can do one of three … continue reading →
Our membership promotion will wrap up in another couple of days. If you’re tired of taking cues from the perpetually bullish talking heads, this is a great time to take the plunge. Volatility is high, and we’re racking up some great results [see: HERE.] Pebblewriter.com has provided uncannily accurate market guidance since our first post … continue reading →
In last month’s post [see: Update on Oil, Jan 6] I noted that CL had dropped to 34.17, the target we posted in mid-December (the yellow arrow below.) I then donned my tin foil hat and added: In an unrigged market, it would suggest a possible bounce to the purple midline and .618 Fib at … continue reading →
Our membership promotion will wrap up in another couple of days. If you’re tired of taking cues from the perpetually bullish talking heads, this is a great time to take the plunge. Volatility is high, and we’re racking up some great results [see: HERE.] Pebblewriter.com has provided uncannily accurate market guidance since its first post … continue reading →
Our membership promotion will wrap up in another couple of days. If you’re tired of taking cues from the perpetually bullish talking heads, this is a great time to take the plunge. Volatility is high, and we’re racking up some great results [see: HERE.] Pebblewriter.com has provided uncannily accurate market guidance since its first post … continue reading →
Tired of taking cues from the perpetually bullish talking heads? Pebblewriter.com has provided uncannily accurate market guidance since its first post on May 2, 2011 where we noted a top was close (May 2 was the top) to its latest top call on May 19, 2015 [we were one day early, see: The Last Big … continue reading →
January was our best month ever. Our monthly results came in at 36.28% versus a 5.07% loss for the S&P 500 — a nifty 41.35% outperformance. It was made possible by pretty straight-forward chart patterns and huge volatility. None of January’s 19 sessions featured a daily range of less than 10 points. In fact, … continue reading →
When USDJPY reached the 120.11 price level that marked a Fibonacci 61.8% of its drop from 147 to 75 that began in 1998, we thought it would signal a decline for stocks. The BoJ, cagey as ever, kept the pair rising slightly — with occasional bursts higher when needed to support the yen carry trade … continue reading →
In our Dec 29 update on XLF, we noted that the rising white channel from Aug 24 and an important TL would be tested were the SMA200 to hold. Note that XLF just tested its 200-day moving average at the top of the falling red channel within the rising white channel which is, itself, rising … continue reading →