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Targets on chart

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I'm not saying this is how it will exactly play out. It would be interesting though if it did. I cloned the top of 2011 and projected it for 2013. Even if this doesn't play out exactly how I put it on here. I hold firm in my belief that major trend line must be tagged in order to proceed higher. The rest of the notes are on the chart.

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The miners have been beaten down since late 2011. GDX has formed a perfect bullish bat. Watch price in PRZ. If a reversal occurs, it could be massive....

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There are quite a few Bearish Harmonic patterns on BLK's Monthly Chart. The more patterns the better the chance of it working out. I am overall Bullish on financials after the massive declines we saw in 08. BLK is a different story though. It has not only got back to where it was prior 08, but exceeded it. I firmly believe that as the market ticks higher we will...

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I was looking at this stock and realized it was a good example of a parabolic curve. Much of what we have seen in TSLA,ONXX, ACAD, and one of the best ones I've seen BVSN (.com boom). This happens a lot with pharmaceuticals especially as of late. I have been bottom feeding on a few pharms that have the parabolic look to it. The best thing to do is to get in at...

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With earnings coming up on Monday 8/4. Might be worth looking at. Appears to be making a large bullish channel. The bat will complete at the top of it.

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Notes on Chart

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With earnings on Monday 8/1. This one may wan to be on your watch list. After testing the bottom these little pharms often hit parabolic moves to the upside. Might want to be on board for this.

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A bit overbought at the moment. Could retrace in the short term. But I would definitely buy the pull back.

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It's a borderline Bullish Gartley. But it completed closer the 0.886 extension on the C-D leg so thought I'd call it a bat. It looks like a standard Bullish AB=CD retracement overall.

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I first want to say that this pattern could be broken. I would wait for a clear sign that we are reversing. It could break through and go parabolic like COST, MA, V has over the years. SO WAIT FOR THE SIGNAL! It's not a perfect bearish crab, but combined with the indicators and the recent parabolic run up, it is possible.

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Many will disagree with this. But it is a massive possibility. There are many catalysts that could take this into a bear market. I just do not see any of them them occurring for quite sometime though. Drag the chart down to view my target. We finally broke through major resistance and back tested it with the most recent correction. You don't just break through...

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We either have a Bullish Bat or a Bullish AB=CD in play. The AB=CD would be a standard Bullish retracement, that is also at the bottom of the current Bullish Channel. You could get a short term short here before this thing takes off. The two PRZ's are on the chart. This could also spell a short term downtrend for the SPX. Just something to keep an eye on.

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It could come down some more and touch 52.88. Considering it has touched the bottom trendline in it's Bullish Channel I think this would be a good place to enter.

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Target on Chart. *Sorry for the typo in the title. I meant to put pair trade not carry trade.*

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Could either be forming a Bullish Gartley or a Bearish AB=CD. price action next week will tell which one it is.

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I am bullish on the financials due to the massive blows they all received in 2008. Most retraced to their IPO price or even lower. I would look for GS to start blowing through the roof soon. Look at my daily GS chart to go along with this one.