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the Ratio … XLP/NYA giving us clues
Posted on February 14, 2021 1 Comment
the last time I posted about the XLP/NYA was here: https://atomic-temporary-44460632.wpcomstaging.com/2021/01/24/ratio-analysis-key-level-hit-on-the-xlp-nyse-index/ as you can see, the ratio hit this level, held and the market sold off for a couple days. the market strength the past week has been impressive and, with that, the ratio “failed” at the level indicated and, as you can see, we […]
XLP/NYA ratio update
Posted on February 1, 2021 Leave a Comment
the PATTERN failed this AM and the market pushed higher. for a correction in the market to continue in earnest, you can see we need the .786 level to hold. right now, the low back in late/mid January should not be taken out to the downside w/out a little more pullback in equities. also, note […]
XLP/$NYA – intraday update
Posted on January 30, 2021 Leave a Comment
XLP/NYA hit a nice buy pattern on Friday and based on the entire days action, there is another “minor” buy pattern appearing. if both of these hold, then the staples should continue to outperform which traditionally causes equity weakness. if we lose the levels, then we have the .786 ratio a little lower … either […]
Ratio analysis, key level hit on the XLP/ NYSE Index
Posted on January 24, 2021 2 Comments
we have a very KEY level of support on the XLP/NYSE Index ratio. as you can see below … we have the measured move (dashed red line) equal to the largest correction in the ratio since the low in 2007 and w/ that the lowest level on the RSI in 12+ years. note, a bullish […]
How logarithm’s, music and math yield 40,655 as a target for the DJIA
Posted on January 20, 2021 3 Comments
If you have gone down the rabbit hole that I have (hint it never stops) then you uncover tidbits of information that you would never think were important but one of those moments of “that’s cool” and move on … I am eyeing a NICE currency position and then ended up cruising around the charts […]
the Coin … update time
Posted on January 11, 2021 Leave a Comment
while we came close to our upper targets, we never actually hit them but based on this price action I’m going to assume that we have a near term top in place for a much needed correction to relieve the steam. this is very preliminary but I’m using the past to project into the future […]
Global Dow – 9-10% higher?
Posted on January 10, 2021 1 Comment
the last time we blogged about the GDOW we saw a pattern and the AB=CD and warned of another possible move down … we got a 36% correction from the AB=CD. what is fascinating, is the correction from 2007-2009 was related to the most recent correction by … yup, 1.618. if you take the correction […]
the COIN update ..
Posted on January 9, 2021 Leave a Comment
SHEESH …. all I can say. and, objectively, STRICLY LOOKING AT THE CHARTS, this sure looks/smells like 3rd of a 3rd action so I’m updating my count. it BLEW THRU the first two targets at 23K and 34K and now I’m eyeing 43-45L and 51K does this mean the run in bitcoin is over – […]
Twitter Pattern – complete
Posted on January 8, 2021 2 Comments
if your a conservative you’ll be happy and if your a liberal you will be angry … (having fun folks) but, either way, a SELL PATTERN is complete on Twitter. For the pattern to be considered it should not go above 62. at a minimum, expect a potential double digit move lower.
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