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WMT – into the high 60’s?

  1/30/2016 – WMT propelling higher.  68 or 72 potential targets, or quite frankly, new highs? too early to tell but it has been extremely bullish. if you want to follow along – scroll down to the bottom where we show patterns into the HIGH and then use geometry and patterns to find the 55-56 […]

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WMT – into the high 60’s?

$WMT hit the support area and has been climbing.  certainly appears the high 60’s could be in play? Please see below. hope you had a great Festivus w/ family and friends. spend some time working thru this post from the bottom up … rock on, ok? Bart       Just a heads up … […]

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WMT – heads up support area approaching

Just a heads up … were “there” or “close” w/ regards to potential WMT support.   Here’s the picture of $WMT in 2013 – sure looked, at the time, we were finishing 5 waves and the circle area was the target area for a “potential” top. Target was hit and yesterday the move rally began.  […]

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$WMT ,November 2013 looking for the top and now 55-56 for support

Here’s the picture of $WMT in 2013 – sure looked, at the time, we were finishing 5 waves and the circle area was the target area for a “potential” top. Target was hit and yesterday the move rally began.  Hard to believe it’s roughly 2 years ago that this pattern was ID’d and it took […]

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WMT set up …slow down and digest the logic… this is important, I think

BUY WMT (?) note – measured move ( in price and time), polarity and an extension target …. needs to stop here and start back up, IMHO. we are also sitting on a former resistance zone of 15 years folks .. if break down from here – we’ll call that a “what’s the fighter thinking” […]

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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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WMT / NYSE Index Ratio and the KEY support

CLIFF NOTES: patterns exist on the ratios/we use ratio analysis to look for sector rotation and when the RATIO’s inflect there are usually inflection points.  We are at a key level in the WMT / SPX ratio.  Also, I added the NYSE Index overlaid.  Note EVERY HIGH AND LOW was at this ratio’s SUPPORT and […]

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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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WMT / SPX ratio revisted

CLIFF NOTES: support found in the relative strength of WMT/SPX. When this ratio goes UP the stock market goes down, when the ratio goes DOWN the stock market goes UP. In the world of ratio analysis we are looking at the relative strength of something versus something.  This has nothing to do w/ the RSI. […]

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important ratios – revisited

For those who have been following me since I started this summer, you’ll find I spend considerable amount of time analyzing the RELATIVE STRENGTH of the STAPLES vs the S&P.  Why?  The theory is that, in times of volatility and/or bearishness the “big guys” (read: institutions) will rotate into a defensive posture such as staples. […]

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