XLP / NYA update – heads up and pay attention


see chart below and let me know if you have any questions .. some things to think about. VERY NICE POP since this post …

let’s not get cocky … trade what you see.



so based on the above – certainly could put this into the potential’s out there.  just saying …



note the $NYA chart below ….

  • blue arrows represent the largest corrective move since 2009
  • in the 2007-2008 financial panic this measured move held the market at bay for almost two months
    • can you imagine the talking head pundits on CNBC BS’ing about that for two months … blah blah blah.
  • we also see the dashed black arrows projection to the exact level as the measured move
  • we have weekly bullish divergence present on the RSI
  • plus, we are a couple ticks shy of the XLP / NYA ratio in an arena of overbought more than 2009.

so, if were going up … sure looks like it’s about time for that to  happen.

here we go …




Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

3 thoughts on “XLP / NYA update – heads up and pay attention”

Leave a Reply

%d bloggers like this: