Douglas Busch CMT Profile Banner
Douglas Busch CMT Profile
Douglas Busch CMT

@chartsmarter

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Trading for 20+ years. Tireless technician, Ex-tennis pro, fisherman and die hard Met fan.

Astoria, NY/North Fork LI
Joined January 2009
Don't wanna be here? Send us removal request.
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@chartsmarter
Douglas Busch CMT
2 years
THE WEEK AHEAD: Is Tech Hibernation Over? "back-to-back WEEKLY doji candles for $COMPQ. $JNK leading $SPX. $TLT soars. $COPPER forecasting no recession? $XLC best major S&P sector last week. $FWONA $TME good looking charts." $SMH $MU $AMBA $TNX $FCX $XLC
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Douglas Busch CMT
4 years
My dad passed late last night. He was a great man. I know that he knew how much I loved him, but I still wish I told him more while he was here. Pick up the phone, or give them a big hug today, and call your loved ones and tell them while you can.
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Douglas Busch CMT
4 years
Good way to start the day
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Douglas Busch CMT
7 years
Tied the knot this weekend!!
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Douglas Busch CMT
1 year
@EricBalchunas @Olly_Tennis_ I couldn't agree more Eric. His antics on the court maybe stand up ok in college tennis. Then he said in the press conference he didn't see it but gave him an ice-cold stare. I like him less and less. Hard to deny his talent though
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Douglas Busch CMT
3 years
Happy Holidays and here’s to a healthy and prosperous 2022!
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Douglas Busch CMT
8 months
Today was supposed to be my little brother’s 40th birthday. He loved to celebrate it. Man I miss him. We should all celebrate every day for it truly is a gift.
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Douglas Busch CMT
6 years
My first 40lb striped bass! Couldn’t even pick him up!
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Douglas Busch CMT
3 years
Chilling on a Saturday morning with my little girl. The little things matter folks!
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Douglas Busch CMT
4 years
Celebrating 3 Years Married!
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Douglas Busch CMT
6 years
Happy Fathers Day to all the dads out there. The simple things are the best!
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Douglas Busch CMT
8 years
Introducing Philippa Fleur to the world. Conceived 1157am and 8lb 7oz #lookoutworld
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Douglas Busch CMT
1 year
Lowest MONTHLY CLOSE for $VIX since COVID. Complacency? Protection looks cheap $SPX $NDX
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Douglas Busch CMT
1 year
Here is $DAX daily chart I was referring too and the bearish island reversal recorded last week.
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@chartsmarter
Douglas Busch CMT
1 year
THE WEEK AHEAD: "MONTHLY $COMPQ chart with 2 days left looks solid. $TLT stick save at par? $VIX and round number theory. $DAX triple top? $FDN $KWEB ratio chart no contest. Buy $AAPL $NVDA." $SPX $CAC #Germany #France #China #stockmarkets
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Douglas Busch CMT
3 months
Keeper!!!
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Douglas Busch CMT
4 years
My little princess turns 4 today. Not sure where the time has gone!!!
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Douglas Busch CMT
5 months
$DIS
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Douglas Busch CMT
4 years
My little graduate #veryproud Go get em Pip!!
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Douglas Busch CMT
3 years
My dad sending a sunset from his favorite place tonight. Montauk LI. His one year anniversary of passing today
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Douglas Busch CMT
5 years
Someone turned Three!! Happy birthday Pip! Time going too fast
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Douglas Busch CMT
4 years
Picked up 3rd place in raw garlic eating contest. Keep away from me for a day or two! @GardenOfEveFarm
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Douglas Busch CMT
3 years
Daddy-Daughter Dance. I am so pumped for this event!
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Douglas Busch CMT
9 years
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Douglas Busch CMT
7 months
WTI path to 88 after break above bullish inverse head and shoulders pattern. ADX 28 session buy signal is still intact. $OIH finding confidence above very round 300 number and $TDW well-received earnings reaction #WTI #oil $XLE $XOP #stockmarket
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@chartsmarter
Douglas Busch CMT
7 months
THE WEEK AHEAD: "small caps sizing up. Ten-year softness? Crude breaks above bullish inverse head and shoulders. Real estate digesting big move. Biotech hoppy. Buy $BPMC $BEAM." $RUT $TNX $WTIC $XLE $OIH $XLRE $XBI $IWM #rates #oil #StockMarket
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Douglas Busch CMT
1 year
Wishing everyone an excellent Memorial Day weekend! Get outdoors #northfork
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Douglas Busch CMT
4 years
Hitting on the run! #tennis #footwork
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Douglas Busch CMT
1 year
Ending the weekend with something I love to do. Let’s count our blessings #northforkliving
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Douglas Busch CMT
3 years
Supporting the Busch family It pains me to write this. Sadly lost my brother this past Tuesday. A devoted father and dad who fought courageously.
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Douglas Busch CMT
4 years
Personal best five backhands in a row! Starting 2021 off right
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Douglas Busch CMT
4 years
Spring bite on.
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Douglas Busch CMT
3 years
Been at this game a long time. Found some old notebooks and look at some of the old names in IBD Weekly Review from week ending 9/24/99!! AFCX acquired by TYC (Tyco). JDSU, Chiron, Sun Microsystems, B M C Software.
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Douglas Busch CMT
1 month
What a day tuna fishing #sashimi #southforklife
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Douglas Busch CMT
4 years
Morning walk....the little things
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Douglas Busch CMT
9 years
Santa Xmas gift came early this year! A peek at our little lady on the way in May!! Seems like she's waving hello
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Douglas Busch CMT
7 years
Happy first bday to my pride and joy today!
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Douglas Busch CMT
3 years
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Douglas Busch CMT
8 years
Our little monkey was christened yesterday!
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Douglas Busch CMT
4 years
1600 price target achieved! $TSLA
@chartsmarter
Douglas Busch CMT
4 years
They say no such thing as a "triple top". Tesla looks ready to "drive" through bullish ascending triangle, on way past very round 1000 number. $TSLA
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Douglas Busch CMT
3 years
My little helper making my smoothie this morning. New one today. Fresh picked strawberries, watermelon, ginger, banana and jalapeño peppers, protein powder and oat milk! Going to be a good weekend!
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Douglas Busch CMT
2 years
This chart is probably the most important downtrend everyone should be focusing on. Saw this somewhere on TWTR.
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Douglas Busch CMT
3 years
England!
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Douglas Busch CMT
4 years
This Warren Buffett news gaining a lot of traction with bears. Does this show their frustration at missing big move off the bottom, like he did as well? Has he not been underperforming for some time now? Could he be correct? Of course, just taking the other side of the story.
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Douglas Busch CMT
4 years
Biotech Bountiful Breakout: "the $XBI nearly doubled $IBB gain in 2020. More "equal weighted", and none of the prior big three, $AMGN $GILD $BIIB are represented in top 10 holdings. Tug or war between bulls and bears in $BMRN." $BHVN $RPRX $PSNL $ZBH
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Douglas Busch CMT
4 years
@JBoorman Very sad night. Jon was one of my sponsors for my CMT, without knowing me from a hole in the wall. Enjoyed many phone conversations over the years. Always helpful with advice on markets and life. This is going to hurt for awhile. RIP Jon.
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Douglas Busch CMT
1 year
My personal best bass from the surf last night. A “round” number of 20lbs. What a night! Safely released as well. #northforkliving
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Douglas Busch CMT
4 years
First time on NYC Subway since February. Squeaky clean. Smells like bleach. Probably safest time ever to be riding one!
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@chartsmarter
Douglas Busch CMT
3 years
In my opinion one of the nicest WEEKLY charts out there. Means nothing however if PRICE does not confirm. Has been flirting with CLOSES above 400 but has yet to record one. Big wash out of 70 handles weeks ending between 2/18-25. $DE
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Douglas Busch CMT
1 year
THE WEEK AHEAD: "is $SPX headed for another drawdown? $FXI looks vulnerable. $GOLD behaving like the good old days? Liquidity crisis with recent IPOs and bonds. Energy outperforms. Buy $HAL $SM." $TNX $TYX $IPO #Gold #China #rates #Oil $ARM $CAT $BIRK $NDX
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Douglas Busch CMT
1 year
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Douglas Busch CMT
11 months
What a night fishing tonight. No fish but the backdrop was fantastic
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Douglas Busch CMT
1 year
Great first day of second grade! Go get them champ!
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Douglas Busch CMT
5 months
Taking our daughter to Disney tomorrow for 5 days. Any good advice for a first-timer bringing an 8 year old? Or just try and survive the trip? $DIS 😃😬
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Douglas Busch CMT
2 years
Should l let her win today? Saturday morning shenanigans
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Douglas Busch CMT
2 years
Sunday Funday!! Hope all having a great weekend!
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Douglas Busch CMT
11 months
Line in the sand has arrived for $XBI. Very anemic rise in early 2022 after more than 100 handle decline from 2021 top. "Equal weighted" ETF displayed broad selling. Even $AMGN, top 10 holding, undercut 50 day SMA last week. Will 200 MONTH SMA provide a bounce? #biotech $IBB $XLV
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@chartsmarter
Douglas Busch CMT
11 months
I have no position in $XBI but the lower 60s area needs to hold in MONTHLY head and shoulders. Notice how volume is expanding presently, and ETF bottomed in the lower 60s when volume was elevated in 2019, 2020, and 2022 (circled areas). #biotech $QQQ $SPY #stockmarkets
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Douglas Busch CMT
4 years
Merry Christmas!
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Douglas Busch CMT
3 years
Someone lost their first tooth yesterday. Even the tooth fairy feeling the inflation pinch! I remember I was lucky to get a coin under the pillow!!
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Douglas Busch CMT
6 months
Must be Opening Day @Mets #LFGM
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Douglas Busch CMT
9 months
Ugly Christmas Sweater Day!!
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Douglas Busch CMT
4 years
Bull markets start out weak, and CLOSE strong as Thursday did (see what happens today). Regardless of what Gundlach, Cuban, Druckenmiller, Tepper or Buffett say. Could add more fuel to fire once they begin to cover, or get back in. Who would have that to be contrarian was long.
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Douglas Busch CMT
1 year
THE WEEK AHEAD: "breakdown in $SPX gaining steam? $GOLD push to 2000 into month end? $KWEB ignores head and shoulders? $XLE strength with $TAN weakness. $XLRE anxiety. Buy $JOE, sell $AMT." Quote from @darren_cahill #StockMarket #China #macro #Oil #REITs
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Douglas Busch CMT
1 year
Someone turned 7 today! Where does the time go!!
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Douglas Busch CMT
11 months
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Douglas Busch CMT
4 years
Thanks everyone for such support, and a ton of DMs letting me know they reached out to family members. Makes the sadness a bit more bearable. Thanks from the bottom of my heart.
@chartsmarter
Douglas Busch CMT
4 years
My dad passed late last night. He was a great man. I know that he knew how much I loved him, but I still wish I told him more while he was here. Pick up the phone, or give them a big hug today, and call your loved ones and tell them while you can.
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Douglas Busch CMT
1 year
Never take a day for granted. One of my favorite pics of my dad and brother. Miss them both tons 💔
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Douglas Busch CMT
3 years
GOLD Waking Up: "GLD sporting WEEKLY ascending triangle. Move above 173 carries move back to mid 190s. Steel bifurcation as foreign names outshine domestic names. Good example below of ratio chart comparing $MT $NUE." $TS $X $CLF $IP $AA $NEM $CCK $SQM
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Douglas Busch CMT
2 years
Cheers to 2023! @OtherHalfNYC
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Douglas Busch CMT
3 years
Will Energy Lead Again This Year? "will group break curse to underperform drastically after year where it was best behaved major S&P sector? I think space will record a strong 2022. $CVX strength will play big role." $DVN $APA $WHD $CEIX $HCC $AMR $SLB $HP
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Douglas Busch CMT
3 years
Buddy of mine made this hat for me well over a year ago. Wasn’t expecting it to come true in 2021!
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Douglas Busch CMT
3 years
Don’t let the fear mongering media fool you. Every restaurant or store I passed in Manhattan today was full. Good for you NYC. Makes me suspicious of the $AAPL store closure announcement yesterday. Wouldn’t be surprised if it was requested to produce a sensational headline.
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Douglas Busch CMT
2 years
Cheers to a long week! Wishing all a good weekend
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Douglas Busch CMT
2 years
On rare vacation, but had to take a peek this morning. Seems like pervasive bearish sentiment. $IWM bullish piercing line candle Friday, negating bear flag breakdown by the CLOSE. Could this be sign bank pressure may be abating? Follow PRICE and be openminded $SPX $NDX #smallcaps
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Douglas Busch CMT
9 years
Just received confirmation that I can officially use the CMT designation. Tough couple years studying but totally worth it. @MarketTechAssoc
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Douglas Busch CMT
3 years
Just had the most epic fishing experience in my life. In the exact spot my brother loved to spend time with his boys. A night I will never forget. Surreal
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Douglas Busch CMT
4 years
Going to miss this spot. What a week! Sound View Hotel
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Douglas Busch CMT
11 months
Well needed a day to recharge the batteries. No better place than Montauk Point!! #fallrun #stripedbass
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Douglas Busch CMT
3 years
Ballerina Batgirl!!
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Douglas Busch CMT
4 years
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Douglas Busch CMT
5 months
Entering enemy territory. Still #LFGM
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Douglas Busch CMT
2 years
Can One Hide Out In Healthcare? "most attractive group in my opinion. $VRTX incredibly CLOSES last 3 months within less than $1.50 from each other. @PatternProfits is that an IBD thing like the 3-week tight?" $APLS $CAH $IONS $GILD $RYTM $XBI $XLV $IHI
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Douglas Busch CMT
4 months
Thank you @js3251 for one of the most memorable fishing trips of my lifetime last Friday! Will not forget this for a long time!! Big bass in the ocean and flats fishing on eastern Long Island!
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Douglas Busch CMT
2 years
Happy birthday upstairs brother. Not a day goes by that I do not think of you….
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Douglas Busch CMT
1 year
"Do not confuse the bottom of the chart with support." @DKellerCMT $TAN looking ready for another leg lower #solar $ENPH $SEDG $FSLR $ARRY
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@chartsmarter
Douglas Busch CMT
1 year
THE WEEK AHEAD: "breakdown in $SPX gaining steam? $GOLD push to 2000 into month end? $KWEB ignores head and shoulders? $XLE strength with $TAN weakness. $XLRE anxiety. Buy $JOE, sell $AMT." Quote from @darren_cahill #StockMarket #China #macro #Oil #REITs
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Douglas Busch CMT
11 months
BREAKING NEWS: Beyond Meat changes name to Beyond Existence. $BYND headed to worthless? And yes this name is considered a consumer staple!! Really? Never tried it and never will! $XLP #parody
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Douglas Busch CMT
4 years
Couple more months and will be fishing for striped bass in the back bays #northfork #LongIsland
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Douglas Busch CMT
1 year
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Douglas Busch CMT
9 years
My brother has brain cancer, started petition in honor of Beau Biden/increasing funding for NIH research. Sign here: http://t.co/tJetEcK6bQ
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Douglas Busch CMT
4 years
Rise and grind!
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Douglas Busch CMT
4 years
Saturday morning vibes! #stripedbass
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Douglas Busch CMT
6 years
Rise above or is she just bullish? #MondayMotivaton
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Douglas Busch CMT
3 years
Chilling in Greenwich! #england
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Douglas Busch CMT
2 years
Happy Kindergarten Graduation Pip! Shoot for the stars!!❤️👨‍🎓🎓🏆
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Douglas Busch CMT
2 years
At the local bagel shop this morning and this tells the picture pretty clear #inflation #CPI
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Douglas Busch CMT
1 year
Until the 30-year yield $YTX breaks decisively below the 21-day EMA (green line) this is a very healthy uptrend. Bearish shooting star at "round" 5 number did not derail this. Bearish MACD crossovers last 6 months did not either. #bonds #inflation #rates $SPX #StockMarket
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@chartsmarter
Douglas Busch CMT
1 year
THE WEEK AHEAD: "is $SPX headed for another drawdown? $FXI looks vulnerable. $GOLD behaving like the good old days? Liquidity crisis with recent IPOs and bonds. Energy outperforms. Buy $HAL $SM." $TNX $TYX $IPO #Gold #China #rates #Oil $ARM $CAT $BIRK $NDX
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Douglas Busch CMT
3 years
Day late but better than never #happydaughtersday
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Douglas Busch CMT
4 years
Have been at the FinTwit game for more than 11 years now. Many know I am a big fan of the big round numbers. It is not only the Nasdaq battling 10000 number, but so is my follower count! Who is going to get me over that large figure on this Fathers Day!!
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Douglas Busch CMT
4 years
Leprechaun tennis player hitting winners in the cold! #StPatricksDay #tennis
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Douglas Busch CMT
2 years
Nothing more bearish than a bullish setup that fails. $CVX. Perhaps the market viewing the huge $75B buyback in a negative light? Things always look best at the top. #stocks #energy
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Douglas Busch CMT
2 years
Back-to-back WEEKLY doji candles just above very round 10000 number should be respected until they are negated $COMPQ. Reversed near 50-day SMA. "Turnaround Tuesday" awaits.
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Douglas Busch CMT
6 years
Not sure if there is a market indicator for this but this is how she insisted on going to daycare today
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