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Ratio Analysis – November 15, 2024
Posted on November 15, 2024 Leave a Comment
Big TIME and PRICE PATTERN completing/completed. Heads up to equities ..
Ratio Analysis – October 21, 2023
Posted on October 21, 2024 2 Comments
Need to get thru topside resistance for they YEN and about 2-3% higher we have big resistance …
NY Stock Exchange Index – September 22, 2024
Posted on September 22, 2024 1 Comment
The market relentlessly continues its push higher and higher and higher. Will this rocket ship ever run out of gas?
Dow Jones Industrial – May 14, 2024
Posted on May 14, 2024 Leave a Comment
The Square Out is still in force BUT it could fail, which would be surprising, to be honest. This square out reminds me of the Rubik’s Cube
The Markets – March 24, 2024
Posted on March 24, 2024 1 Comment
The NYSE Index HIT the square out at 18, 059 and reacted very very minimally (which surprised me to be honest) and is walking up the wall of worry. Today that level is at 18,070. As you can see above, we have not CLOSED ABOVE the 1:1 trend line from the all time low and […]
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 […]
Ratio Analysis Time – June 28, 2023
Posted on June 28, 2023 Leave a Comment
Was over on the Top Gun options group chat working some NVDA charting and I decided to pull out some ratio analysis on the XLP and NVDA. XLP/NVDA Some stuff we need to consider: When we add up the 20 year trend line support that sure looks like it wants to hold and the ratio […]
so … who is eating who?
Posted on October 19, 2021 1 Comment
last post on current market conditions: https://atomic-temporary-44460632.wpcomstaging.com/2021/10/17/sometimes-you-eat-the-bar-and-sometimes-it-eats-you/ if your someone trying to get short – sure looks like the bar is eating you …if your trying or are long looks like you are eating the bar … man, this is interesting. 1/ as a PATTERN recognition expert I can say that the PATTERNS for selling […]
the ratio … interesting to say the least
Posted on September 28, 2021 Leave a Comment
as you all know, I watch the XLP/NYSE Index ratio for key inflection points .. when the ratio goes UP then “staples” (think risk off) have more relative strength and when the ratio goes DOWN then the overall market (think risk on) is stronger from a relative strength perspective with the recent market action … […]
Bart's Charts 