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the ratio has HUGE support
Posted on June 8, 2020 Leave a Comment
can’t believe it’s been since mid-april since I posted about the market. at the time, I spied a triangle forming which proved to be wrong and it broke down and the market has continued it’s advance. humbling for sure .. when I was working up the triangle thesis I came up w/ the level that’s […]
XLP/NYA ratio …
Posted on March 23, 2020 Leave a Comment
ratio slowing it’s advance .. pay attention for “trade” like support …
Asian Open – Fed cuts rates to zero and possible mirror image foldback NYSE Index
Posted on March 15, 2020 2 Comments
here’s last weeks post on the Asian Open and the YEN. level worked pretty well and we rallied pretty much all week. the USD vs YEN should stay below the 108.46 level and/or 109.866. if (the big if) this sell signal works then it ‘should’ put pressure on the equities: even w/ the FED cutting […]
Intraday BUY ratio = sell equities
Posted on February 12, 2020 Leave a Comment
…using ratio analysis we can support risk on/ risk off strategies. in this case we use the Staples ETF (XLP) versus the NYSE Index
Targets a plenty ….
Posted on January 25, 2020 Leave a Comment
02/24/2020 UPDATE: well today was a pretty smashing day as “days” go but in the big picture it’s really nothing. but, he fact that the NYSE Index hit the target – from the all time low – so nicely, we do have to be defensive as explained, roughly a month and a half ago … […]
XLP/NYA ratio analysis – an update
Posted on June 9, 2019 1 Comment
06/09/2019 – back to our old favorite. you know I’ve been watching this one for a while. I was hawking a low in the ratio in mid-2018 but missed it from a time perspective … then, in retrospect, easily saw the measured move and the .786 retrace. I’m human, I missed it. should have been […]
NYSE Index Targets
Posted on December 22, 2018 Leave a Comment
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 […]
Big Support on NYSE Index
Posted on December 21, 2018 Leave a Comment
‘hope’ – a strategy – it holds for now.
the last time this happened the market corrected 26 percent …
Posted on November 9, 2017 Leave a Comment
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 […]