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
