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Clearly, if you listen to the carnival barkers and hucksters on TV, the necropsy of the US dollar is about to begin. Hogwash and balderdash, I say! Even with the most conservative of estimates, the long term technical prospects of a dying dollar don't present themselves even upon cursory exploration. The long view takes into perspective the dollar’s relative...

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This is confounding to me. Larger patterns suggested AMZN should be able to hit ~1020 (smaller pattern) or even the stratospheric ~1060 (larger pattern). If, however, Bears can have their day for once, I see from the lesser charts some slippage down to ~930. Should this pattern complete, rest assured, we would witness a simultaneous weakness in the broad averages;...

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This chart has been bothering me since AMZN retraced perfectly to the 25% extension. It's been moving northward ever so steadily since. What this tells me is that the plunge must have been a mechanical correction which should allow the bulls ample buying motivation, setting in motion smaller harmonic waves within the original projections. I suggest, if this...

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AMZN did a neat party trick last Friday by plunging, hitting, and then doing an about face right at 927.00, on the dot. Long term analysis shows that this level can be used in a harmonic analysis of a pattern that was created back in April. We will see after the next few days where the market, and this bellwether are headed. If the plunge continues, then I...

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What's up with the Saudis? Tempers seem to be flaring as they bump heads with Qatar - sponsoring terrorism and the like. Kettle, please meet Pot. Saudi Arabia, by the way, is something like 15x larger than Qatar (population wise). So who do you think is going to win that fight? Perhaps the folks in Qatar are buying gold, which hit its highest price in about 7...

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The consolidation range caught my attention. When the Bollinger collapses into the Keltner; energy builds up. Classic squeeze. Once it is released, I expect a fairly sizable move. The trick is knowing when to go long or short. A simple harmonic analysis reveals directional clues at an interesting level of approx. 155.56. Should price action pierce that level,...

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Waves within waves. But all too easy to call the vaunted 1000 mark a top, even though simple technical analysis shows ~1000 to be a major resistance plateau. Look closely, friends, and minor impulses will reveal themselves in lesser charts. My best guess is that 1000, while psychologically daunting as it is to breach, will not stop bulls from pushing through into...

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Bombings in Syria, escalating tensions on the Korean Peninsula, French elections between two antiestablishmentarianists. If you are mostly long in your portfolio, it might be time to add a hedge that's been showing a good chance of reaching a modestly easy target.

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A pattern that was set in motion, back in 11.15.2013, via a strong impulse leg, laid the foundation of ceiling resistance at approx. 293. This week's recent thrust beyond 300 completes a lesser pattern, which began in December at approx. 180. With perfect hindsight, we may look back on this new target high of approx. 350 as having marked the apex of investor...

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Can't believe I missed this at the 50% mark. Ah, but there's still a little money to be made on this stock before it turns into the rotting dog carcass I always suspected it was.

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Based on prior published long bullish targets, not one of the predictions has been wrong. I am forever expecting a pullback on some calamitous news, but price action must be obeyed, my biases be damned. Even I am astounded at this run. Therefore, this revised target is based on simple harmonic analysis. A new bull target of 2496 can be expected. Ignore it at your...

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I don't want to be a purist, but if 121.50 can be broken, I see more upside for the next 10 days. It's doubtful to blow past 124.50, but hey, a target of 123 - 123.50 seems within the realm of possibility.

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Adding to earlier predictions, the futures came to within spitting distance of my prior target. Everyone thinks this bull impulse has run its course. Time to short because everything and everyone is out of steam. Bull trap right around the corner... I beg to differ. These are crazy times, my friends. I wish I could short, but there's no way I'll do it until I see...

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Only 20% of Millennials have ever tried a Big MAC. The potential for this market is huge. HUGE, I tells ya! Within the next 10 days, MCD will hit 123. Simple 1:1 risk/reward setup. Although not the strongest signal I've seen, it's still worthy of a shot.

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Not a lot of conviction on this one, but if resistance can be broken at 2277, the bulls might just have a clear path to 2307.

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Based on previous posts, all of which have hit their targets, harmonic analysis uncovers yet another trend. This one, although unthinkably optimistic, still needs to be discussed. Should prior prior support at 1223, end of April and May, be breached. AND, minor peak at 1236 in November be exceeded, then upward momentum could bring bulls to 1282.5.

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Harmonic analysis on GLD is proving attractive this week. Anxious investors looking for a safe-haven, the non-fiat metal is shoring up prior to tomorrow’s speech from British Prime Minister Theresa May regarding Brexit, as well as President-elect Donald Trump’s inauguration on Friday. My 10-day prediction window shows strong consistent gains. The gold is...

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AMZN bears close watching. The implication is that the stock could make its bull market top within a +/-10 point range. We need to watch this for about two to three weeks for confirmation. Because Amazon is arguably the most important stock market bellwether of them all, my bullish forecast implies that the broad averages also have at least one more strong...