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Ratio Analysis Time – June 28, 2023
Posted on June 28, 2023 Leave a Comment
Was over on the Top Gun options group chat working some NVDA charting and I decided to pull out some ratio analysis on the XLP and NVDA. XLP/NVDA Some stuff we need to consider: When we add up the 20 year trend line support that sure looks like it wants to hold and the ratio […]
Ratio showing us something …or not?
Posted on December 13, 2021 Leave a Comment
well, we have a DAILY breakout above the channel that has been defining the ratio for pretty much all of 2021. is this a valid breakout or a gotcha? I’ll make an educated guess once we close this week out … looking for a WEEKLY close above the top of the channel w/ strength. will […]
Ratio (XLP/NYSE Index) update
Posted on April 18, 2020 Leave a Comment
probably triangle completing which should resolve w/ a continuation of the bull trend in the ratio = negative for equities
the ratio … what’s it saying
Posted on March 18, 2020 Leave a Comment
…. ratio has exploded but appears we are running into stiff resistance