keep an eye out on Solar … ratio analysis

my fellow CMT’r David Keller did an excellent post around solar stocks.

frankly, I never even looked at them before … so after reading the post I thought ‘why not do a TAN (solar ETF) / XLE (energy) ratio and see what it tells us …

certainly looks like we are coming close to the moment of truth where a ‘trend change’ in a long term log trend line breakout it possible.

put the solar world on your radar and watch this ratio closely …

Bart

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