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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 […]
Technology – kaboom
Posted on July 6, 2020 Leave a Comment
watch this ratio as a key to provide support and resistance for technology names …
Technology vs Staples (XLK / XLP) Ratio Analysis
Posted on June 3, 2018 Leave a Comment
I like Ratio Analysis … I also like to work w/ the patterns on these charts. If you have been reading my blog for a while, you know that I ‘try’ (the operative word) to not read, watch or listen to any ‘other’ financial news commentary. Yes, there are people that I follow and am […]
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