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Bill and Ted’s Excellent Adventure Meets the Matrix in two charts …
Posted on August 8, 2015 Leave a Comment
folks, work w/ me … ratio analysis: A/B ….if A stronger (relative strength) then chart goes up. if B stronger (relative strength) then ratio goes down. $NYA – New York Stock Exchange Index – largest barometer of stock market health XLP – institutional rotation occurs into staples in a “risk off” world .. people need […]
I’m watching 4 things …
Posted on February 6, 2015 Leave a Comment
PATTERNS on the ES, $NYA, Banking Index and Yen to tell me if we break out to new highs. Banks are rolling. That’s bullish – get thru level shown then we should surge higher Yen, after an entire 6 weeks of doing nothing – EXPLODED. 119.80 line in the sand ES “basic” AB=CD complete. NYA […]
an ideal scenario – TO SHORT!
Posted on October 19, 2014 Leave a Comment
if you read this blog, then you’ll notice I’ve been pretty silent. why? well, this is all playing out to plan … MAJOR patterns completed and, well, they took a long time to form and work to be quite honest. But, read below the two horizontal lines and you’ll see the PATTERN was calling for […]
All Ordinaries .. wonder why it has that name? Sell Pattern inbound …
Posted on August 22, 2014 Leave a Comment
CLIFF NOTES: if you read this blog then you know the pattern. Just like the German DAX the Aussie All Ordinaries showing a beautiful SELL pattern. It will WORK or NOT .. but here it is … hey, OBTW, it’s a MONTHLY chart above … here’s the NYSE Index overlaid on top of the Aussie […]
a “relative strength ratio” revisted …about to fall off a cliff?
Posted on August 19, 2014 Leave a Comment
CLIFF NOTES: the XLP/$NYA ratio, when it inflects UP or DOWN, has been responsible for every major pivot in the US Equity Structure over the past 14 years. It is sitting on a cliff of support, which if lost, will signify a move OUT OF “risk adverse” asset class of staples and I would expect […]
WMT / NYSE Index Ratio and the KEY support
Posted on July 30, 2014 Leave a Comment
CLIFF NOTES: patterns exist on the ratios/we use ratio analysis to look for sector rotation and when the RATIO’s inflect there are usually inflection points. We are at a key level in the WMT / SPX ratio. Also, I added the NYSE Index overlaid. Note EVERY HIGH AND LOW was at this ratio’s SUPPORT and […]
NYSE Index Pattern Complete
Posted on June 25, 2014 Leave a Comment
CLIFF NOTES: in November 2013 I posted that a .618 price projection was hitting in/around 10376 level. while it did cause a month of selling AND gave a monthly signal (go look at the chart) the market subsequently “recovered” and caused the pattern to fail. Now, we have “another” pattern completing as shown below. Patterns […]
New York Stock Exchange … PATTERN COMPLETE in Price and Time. CAVEAT EMPTOR
Posted on November 11, 2013 Leave a Comment
Personally, I like this index – why? as far as I know, they no longer have a futures market for it so “what you see is what you get.” From Wikipedia: The NYSE Composite is a stock market index covering all common stock listed on the New York Stock Exchange, including American depositary receipts, real estate investment trusts, tracking stocks, and foreign listings. […]
Bart's Charts 