Archives

Banks – where are they?

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 […]

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NVDA Musical Polarity and the Vesica Pisces

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 […]

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XLK / XLP – still has major resistance just a little higher!

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 […]

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the ratio has HUGE support

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 […]

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Gold / Oil :update 04/10/20

little higher for a very important target on the ratio of Gold/Oil

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XLP/NYSE Index ratio – BUY

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

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XLP/NYA ratio …

ratio slowing it’s advance .. pay attention for “trade” like support …

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the ratio … what’s it saying

…. ratio has exploded but appears we are running into stiff resistance

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S&P 500 futures – update

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 […]

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