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the ratio (XLP/NYA) is the ONLY thing I’m watching w/ regard to equities …

I’ve been monitoring the ratio, daily, for a while as I really wanted the ratio to go down into the “major support” area as I could then feel probability was on my side to take a crack at shorting the market. yes, shorting the market … if you’ve been reading my blog for a while […]

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XLP/NYSE Index ratio – BUY

this ratio xlp/nya is a GREAT guidepost .. buy pattern complete. if it holds and starts back up expect selling to being again .. KEY LEVEL

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