Archives

Energy is usually the last shoe to drop

CLIFF NOTES: below you will see a butterfly top coming into play in the XLE.  98 and/or 110 should act as major resistance.  Let’s take a look at the potential set-up’s coming into play: DJ Transports have completed a MAJOR BEAR pattern w/ the AB=CD completing from the late 1800’s. DJ Utilities have a MAJOR […]

Read More

going thru the heavy weights that make up the S&P …

in Mid-December 2013 we went thru the top weighted (by percentage) sectors in the S&P after the most re-weighting … at the time, most of them were either finishing or approaching or hitting sell patterns.  As of this writing, the patterns have held w/ no significant failures or break-outs.  this is bearish … only time […]

Read More

the importance of the recent reweight in the S&P 500

yesterday was a quarterly option expiration AND an important S&P reweighing .. our last  post at the sectors of the S&P 500 were dominated by technology, energy and financials … that changed, pretty substantially.  now, hot of the presses the sectors are: information technology 18% : using VGT as a proxy.  see chart below.  SELL […]

Read More

Part IV and “your time is gonna come”

this is the Part IV post from a couple months ago: https://bartscharts.com/2013/09/15/part-iv-sp-and-energy/ this energy sector needs to be watched … the OSX, XOI, XLE are painting  the same picture as they have gone up in the context of targets that have now been hit or are completing just a little higher. Crude, however, has been […]

Read More

Part 2 of Part 1-V on the S&P

Part 1 was a look around the world at different equity indices based on ETF’s: https://bartscharts.com/2013/09/14/part-1-the-sp-500-but-first-we-need-to-go-around-the-world/ of note is the Global Equity ETF (ACWI) and the SELL pattern that is appearing as we showed in our last “around the world” update shown below. Overall, nothing to crazy but the analysis appears to have been correct. […]

Read More

the upcoming week of 9/22 for the S&P

our S&P post last week of parts I-V spelled out the overall look and feel for the S&P as we approached and eclipsed new highs … we took a look at technology, financials and energy.  additionally, throughout the past weeks, we have walked thru the circle of life for fixed income, the dollar and certain […]

Read More