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Ratio’s – December 14, 2025
Many things have pointed to a market at current levels to expect signifigant resistance. Some has held, some hasn’t and, to be honest, I’m literally throwing up my hands and saying “just give me a pattern” … the ole XLP/NYA.
XLP/NYA and IWM – April 08, 2025
Posted on April 8, 2025 Leave a Comment
The ratio foretold, nicely, some support, for now. IWM is looking SUPER bearish.
XLK / XLP – January 21, 2024
Posted on January 21, 2024 Leave a Comment
In the chart above, one can see the “blue measured moves” have been important price moves and, from a percentage perspective, EVERY move UP in the ratio has met resistance after the “blue measured move” has completed. Remember, this is LOG scale so 1/ the measured moves are percentage moves and 2/ the corrections might […]
the ratio … interesting to say the least
Posted on September 28, 2021 Leave a Comment
as you all know, I watch the XLP/NYSE Index ratio for key inflection points .. when the ratio goes UP then “staples” (think risk off) have more relative strength and when the ratio goes DOWN then the overall market (think risk on) is stronger from a relative strength perspective with the recent market action … […]
XLP/NYA – wow what a level
Posted on May 27, 2021 Leave a Comment
wait for a close ABOVE the dashed green line to short stocks. last post on XLP/NYA: https://atomic-temporary-44460632.wpcomstaging.com/2021/05/13/xlp-nya-at-it-again/ we have 6 ratios at the low on the ratio – that SHOULD provide monstrous support … but look at the thrust into the level. begs of caution … so, check out the ratio on Monday and next […]
XLP/NYA at it again …
Posted on May 13, 2021 1 Comment
the ratio at it again … last post on XLP/ NYA: https://atomic-temporary-44460632.wpcomstaging.com/2021/05/05/xlp-nya-our-favorite-ratio-and-a-twist/ today, the ratio went and smacked right into an hourly pattern SELL (yellow highlight) and a 15 minute butterfly sell (light blue) … when the ratio goes DOWN the market goes UP. pattern hit perfectly and the rally ensued … now, it’s time […]
XLP/$NYA – our favorite ratio and a twist…
Posted on May 5, 2021 2 Comments
you realize I watch the XLP/NYA ratio – a lot – and one of the things that I never did till today is look at the “time” component of the first leg down from the XLP inception. today I did and that “time” component aligns nicely w/ a “May” timeframe to really be on the […]
Ratio analysis, key level hit on the XLP/ NYSE Index
Posted on January 24, 2021 2 Comments
we have a very KEY level of support on the XLP/NYSE Index ratio. as you can see below … we have the measured move (dashed red line) equal to the largest correction in the ratio since the low in 2007 and w/ that the lowest level on the RSI in 12+ years. note, a bullish […]
XLP/$NYA update
Posted on November 30, 2020 Leave a Comment
you can go to any financial site and check out “why” the equities sold off today … it could be any number of reasons. at the end of last week, we had a double 3 drives to a top pattern w/ timing that said “monday” is important … to me, it is as simple as […]
XLK/XLP update – Ratio Analysis and the power of waiting – update 11/5
Posted on September 8, 2020 Leave a Comment
11/05/2020 – yes, some insanity is ongoing everywhere. that being said, we trust PATTERNS and tune out all the noise. In this case, we had the expected reaction to the resistance levels sighted below and, now with this rally, we have another SELL pattern coming into play. SELL THE RATIO = SELL TECH. NOTE – […]