xlk | Bart's Charts

Markets – April 27, 2026

BLUF: I am still in a defensive mindset and will remain so until a SELL PATTERN is triggered on the XLP/NYA or the low that was made a few weeks ago is taken out to the downside. The technology sector continues to launch into the upper limits of a historic run. My good friend, Larry […]

XLK – November 16, 2025

Posted on November 16, 2025 Leave a Comment

XLK has hit significant resistance.

XLK / XLP – January 21, 2024

Posted on January 21, 2024 Leave a Comment

In the chart above, one can see the “blue measured moves” have been important price moves and, from a percentage perspective, EVERY move UP in the ratio has met resistance after the “blue measured move” has completed. Remember, this is LOG scale so 1/ the measured moves are percentage moves and 2/ the corrections might […]

NASDAQ 100 – January 21, 2024

Posted on January 21, 2024 Leave a Comment

I’m still looking/watching for the Bank Sell Patterns to FAIL to get on board for the breakout to new highs. I’m suspect at this point … the JNK bonds haven’t broken thru the ABCD, either. The Russell is a dog … Who knows, something just doesn’t feel right about this move …

NVDA – July 17, 2023

Posted on July 17, 2023 1 Comment

Last post on NVDA: https://atomic-temporary-44460632.wpcomstaging.com/2023/05/30/nvda-update-may-30-2023/ the ABCD target on NVDA has been hit on the monthly (it actually went higher and did the 12th root of 2 (1.05946) which is the ratio used to tune the equal octave scale of music) with noticeable bearish divergence on the 14 period RSI. I expect some serious resistance. […]

XLK/XLP update – Ratio Analysis and the power of waiting – update 11/5

Posted on September 8, 2020 Leave a Comment

11/05/2020 – yes, some insanity is ongoing everywhere. that being said, we trust PATTERNS and tune out all the noise. In this case, we had the expected reaction to the resistance levels sighted below and, now with this rally, we have another SELL pattern coming into play. SELL THE RATIO = SELL TECH. NOTE – […]

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 […]