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Banks – where are they?
Posted on September 9, 2020 Leave a Comment
there is an old adage – the banks lead you up and lead you down. the market has blasted to old all time highs or thru them and the banks…? well, they rallied a little but have not shown the strength of the overall market, especially technology. let’s keep a close eye on them over […]
NVDA Musical Polarity and the Vesica Pisces
Posted on September 5, 2020 Leave a Comment
I was asked to look at NVDA and, while it hit a nice top at/around 575 I usually don’t like to do post like these because it’s a “could have, would have, should have” type of post but I wanted to show some readers the GEOMETRY working w/ NVDA. In this case, we picked the […]
XLK / XLP – still has major resistance just a little higher!
Posted on August 5, 2020 Leave a Comment
we had a sell off on the ratio a couple weeks ago BUT there was not follow thru and we still have the lingering level just a little higher which is the real test … again, until we have a strong weekly close above this level I’m in the conservative/flat camp as far at the […]
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 […]
Gold / Oil :update 04/10/20
Posted on March 29, 2020 5 Comments
little higher for a very important target on the ratio of Gold/Oil
XLP/NYSE Index ratio – BUY
Posted on March 25, 2020 1 Comment
this ratio xlp/nya is a GREAT guidepost .. buy pattern complete. if it holds and starts back up expect selling to being again .. KEY LEVEL
XLP/NYA ratio …
Posted on March 23, 2020 Leave a Comment
ratio slowing it’s advance .. pay attention for “trade” like support …
the ratio … what’s it saying
Posted on March 18, 2020 Leave a Comment
…. ratio has exploded but appears we are running into stiff resistance
Interest Rates … the trend is your friend, till it ends
Posted on February 23, 2020 Leave a Comment
the trend is your friend till it ends …
S&P 500 futures – update
Posted on August 31, 2019 Leave a Comment
09/12/2019 – market blew thru the pattern level and is very close to setting new highs in the ES. This represents a failed pattern … if you look we have some numbers coming in right below old high but as far as the VERY NICE sell pattern that was present – it’s cooked. back to […]