Ratio Analysis – November 15, 2024

Big TIME and PRICE PATTERN completing/completed. Heads up to equities ..

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For the market (US Equities) to continue higher, it will need to break the support level on the XLP/NYA.

Take note – it’s a PERFECT TIME AND PRICE correction equal to the last ‘largest’ corrective move.

As long as this holds, expect downside pressure on the equity market.

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.

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