Intraday BUY ratio = sell equities …using ratio analysis we can support risk on/ risk off strategies. in this case we use the Staples ETF (XLP) versus the NYSE Index here’s an intraday look at the XLP/NYSE Index ratio … 30 minute chart. a near ‘perfect’ BUY PATTERN. with a buy pattern, that will signify ‘risk off’ for the big guys and therefore a sell equities. if (the big if) this pattern fails then the likelihood of a continue advance is high … Share this:EmailTumblrFacebookLinkedInTwitterSkypeLike this:Like Loading... 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. View all posts by BART
