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here’s how powerful the XLP/SPX ratio is …

below are a couple intraday charts of the “ratio” of XLP/SPX. note, ALL the major inflections (even intraday) are equal/opposite the overall market. so, where does that leave us?  Well, you can see a minor buy pattern (two blue triangles) but I favor lower where the .618/.786 overlap.  If/when this ratio hits that level I […]

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revisiting the XLP/SPX ratio … AGAIN

folks, bringing this up, again, because this divergence is MONSTROUS. in order to show the divergence and how something is “not quite right in toon town” I’ve actually inverted the ratio to show the S&P 500 on top this time.  t the only reason is it shows the amazing divergence present .. when you look […]

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bunch of cycles coming together …but who cares

how many institutions are there out there ….?  perhaps 30-50K?  and, if you think about it they own 10MM+ shares of the big names.  the “big names” have, on average, say 5MM shares / day traded.  so, what happens if they try to get out of a non liquid market that has been manipulated by […]

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Ratio patterns holding …

CLIFF NOTES: we’ve shown the sector rotation being shown by ratio analysis before.  we’ve also shown how every major inflection (up and down) has been due to the ratio’s bottoming or topping.  we’ve also shown how patterns have failed to hold and have confirmed the move higher in stocks the past few months …well, for […]

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Using ratio’s for relative strength comparison

If the Numerator is bigger than the Denominator then the ratio goes UP.  If vice versa, the ratio goes down.  If we put one security over another then we can plot the relative strength and note when a shift in this relative strength takes place.  This shift can show rotation. What you’ll find is the […]

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CTRL-ALT-DELETE. The S&P 500 sectors, AGAIN

CLIFF NOTES: the “chart of my lifetime” is still just that – an amazing chart of, quite frankly, my lifetime.  I think it’s safe to say that the pattern from genesis of the Dow Jones Transports has been defeated.  A pattern that took 45,000 days (+) to form and complete.  Again, please, let that sink […]

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S&P 500 still squaring out price and time

CLIFF NOTES:  the cash S&P closed at 1909.78 yesterday.  1909 days ago was 03/07/2014.  Price is equal to time …What I have also shown is, simply, how powerful this move IS … zero, notta, none, null set, etc. describes a single swing low being broken.  Note the blue lines … we have discussed them before. […]

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quick look at China

in what appears to be the largest IPO ever ALIBABA should be coming to the street …pushing the limits of 20 BB it’s something to be watched.  Not for the John Q Public but for the banks Credit Suise, Goldman, Morgan Stanley, etc. are going to make 100’s of millions on this one.  So, I […]

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SPX updated as of April 21, 2014

CLIFF NOTES: my initial quick look at the S&P appears wrong from the counting perspective.  Once the gap up occurred it signaled the characteristics of a C wave so I readjusted and am looking at a FLAT correction occurring and it should be done at the close today or just a little higher.  Expect selling […]

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S&P Cash updated

CLIFF NOTES: remember, this has been an amazing 5 year run.  with multiple classic patterns completing on a Monthly basis, parabolic charts along w/ rotations from the institutions I favor a continued corrective move.  therefore this chart is provided:

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