Entries by Peter Brandt

Yen Chart – Textbook Market

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Yen Chart – Textbook Market   The Yen Chart is a textbook charting market – it has a long history of providing very reliable pattern signals, as shown on the weekly chart dating back to early 2011.   The advance on Oct 4 appears to have completed a possible 16-week symmetrical triangle bottom – remember […]

2016 Update – U.S. health care: Highest in the world in cost, 37th in performance. This system has already been declared guilty.

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Trading and the U.S. healthcare system — these are the two issues for which I am most passionate about. Trading — because it is how I made and continue to make my living. The healthcare system — because of a major accident I had in 1984, this has made the cost and delivery of healthcare a focus of my life….This blog was originally posted on March 12, 2012 during the height of the U.S. national debate over healthcare reform and Obamacare….

Something To Watch – Crude Oil — Developing Trade

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Crude Oil -- Developing Trade

The weekly continuation graph (Crude Oil) continues to form a possible 14-month inverted H&S bottom pattern and is flagged as a Developing Trade possibility.  Notice that the right shoulder has taken the form of a possible symmetrical triangle on both the continuation and Dec contract charts. A close by the Dec contract above 49.00 would represent a buy signal, although diagonal patterns (symmetrical triangles included) lack reliability. Factor is flat.