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NYSE Index Targets

Well, the support level shown in my last post was defeated on Friday. We also closed ‘below’ old resistance so it looks like ‘polarity’ didn’t work here. All I’m trying to do is find the ‘bounce’ area as cycles suggest into end of January/early Feb. So, here’s some targets on the NYSE Index that I’ll […]

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Big Support on NYSE Index

‘hope’ – a strategy – it holds for now.

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the last time this happened the market corrected 26 percent …

11/9/2017 – as you can see below and on other post we have been hawking the ratio analysis of XLP / NYSE Index. Won’t go into the why here as that has been done a number of times. some key points to consider: we have completed the EXACT measured move correction and biggest since the […]

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XLP / $NYA … approaching .382 from all time low

if the XLP/NYA ratio finds support and appears to end an A-B-C correction THEN we ‘should’ see Volatility Spike and correspondingly a nice correction in equities. If this level fails, then we might see some consolidation or a little pullback but nothing that could spook the masses. it might be noted that … right now […]

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