Post-Bernanke

Like clock-work (the Swiss kind), the tweet-stream erupted in a chorused disdain for our bearded leader. I on the other hand was keenly watching the 2007 analog replicate with beautiful hourly candles. Granted, I compressed the present overlay on the lower chart to stereoscope the pattern – but you could still follow it on the 1:1 hourly scale – slightly displaced. 

Until I see a reason to retire this map – I will continue to trade around it where the set-ups merit a swing.  

• 1:1 Hourly Scale

• Compressed to fit pattern 

For an explanation of the rationale behind this – see (here). 

• Pre-Bernanke 

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I just joined Twitter. All my trades and occasional market musings are disclosed in real-time here. 

(Position in UUP)

Disclaimer: This is not investment advice. Always do your own due diligence. Erik Swarts is not a registered investment advisor. Under no circumstances should any content from this website be used or interpreted as a recommendation for any investment or trading approach to the markets. Trading and investing can be hazardous to your wealth. Any investment decisions must in all cases be made by the reader or by his or her registered investment advisor.