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Pay Attention to Palladium and the target that it hit …
Posted on March 20, 2019 Leave a Comment
Palladium and the NASDAQ have tracked nicely .. watch the upcoming target closely
Crude Oil Update, ratio of XLE/NYA, HYG and Crude and a bunch of other stuff
Posted on June 3, 2018 Leave a Comment
11/10/2018 – overall, our key 75-76 level was hit and has caused the sell off. take a look at the charts below … some critical developments: the XLE/NYSE Index ratio has hit a perfect BUY PATTERN so expecting the energy complex to bounce/hold/consolidate as this level holds. IF IT FAILS then the sell off will […]
XLE ratio analysis worked well, this time
Posted on January 23, 2016 Leave a Comment
1/23/2016 – wanted to show these charts again. they are all ratio analysis of XLE (energy) versus the major components of the S&P. Ratio analysis w/ pattern recognition is very powerful. all of these patterns hit, oil moved down to the 25-27 area, the OSX/NYA ratio worked and Oil popped and the Loonie got 500+ […]
continuing to work a long Loonie potential- more
Posted on December 21, 2015 Leave a Comment
am looking at the relative strength of the XLE versus components of the S&P that make up more than 10% of the S&P. sure looks like the RELATIVE STRENGTH of XLE is about to start outperforming the larger components of the S&P based on patterns. of course, the patterns can always fail and the drift of […]
Last call .. shots of XLE being served at the bar! (update 08/05/2014)
Posted on August 5, 2014 Leave a Comment
Update – I want to share this post w/ you again. Why? Well, in looking at the XLE tonight I haven’t seen any bearish (long term) divergence appear. So, what does that tell me? XLE has the potential to go up to our targets mentioned below to produce the bearish divergence. And, as we have […]
Last call .. shots of XLE being served at the bar!
Posted on June 14, 2014 Leave a Comment
CLIFF NOTES: a picture does paint a thousand words. So there are some pictures below. I’ve included the chaos that was 2009 just to demonstrate that, guess what, at the lows in 2009 a BUY appeared on the XLF (Financials) and guess what … when I was Chief Technician for the When 2 Trade Group […]
quick review, importance of XLE in the circle of life and sector rotation
Posted on June 7, 2014 Leave a Comment
if you go back some posts you’ll find me recommending to BUY the banks in March 2009. YES .. BUY in MARCH 2009. there was a PATTERN. additionally, if you go back you’ll find that the XLF had cracked a couple weeks/months before THE top in 2007 but the S&P 500 kept going. It was […]
XLE (Energy) and Sector Rotation …
Posted on May 21, 2014 1 Comment
just showing by the chart below 1) a 5 wave count since it’s inception and some targets and 2) the sector rotation guide that shows energy peaking last before the cycles turn down. we have shown many many PATTERNS that are calling for a sell. Some have worked, some haven’t but as you can see […]