XLP / $NYA – wow, what a “perfect” sell pattern on the ratio – means BUY equities (if it fails, watch out)

here’s the power of this ratio:

  • https://bartscharts.com/2016/05/08/xlp-nya-update/
    • ratio BOTTOMS, at the BUY pattern of the ratio – SELL equities
  • https://bartscharts.com/2016/03/30/xlp-nya-update-pay-attention/
    • when the ratio TOPS then BUY equities
  • we have a wonderful SELL the ratio pattern which means Equities should be bottoming for a BUY swing trade of the US equity structure.

DANGER WILL ROBINSON … if/when the patterns fail (and they do) the market breathes in the direction of the failure. Note, we have some VERY strong thrust into the pattern level and this “usually” means the pattern will fail BUT you never know do you? So now for the best part of the pattern recognition world the “if-then”.

IF the pattern works, equities should bottom for a nice BUY (swing trade – not long term for now … )

IF the pattern fails, equities will continuing selling off and we should look for the NEXT pattern to play … make sense?

Here’s the “perfect” sell pattern:


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