Ratio … appearing again

if you have been following me for a while you know I love the XLP / NYA ratio … well, it’s showing a very nice BUY pattern which ‘should’ (if it works) signify a SELL equities. here’s the chart …

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monitoring the NYSE Inex

my last two posts concerning the NYSE Index and the relative strength of the index (ratio analysis) are here: just providing an update as it looks like the NYSE Index is about to start a ‘corrective’ leg down … then, ultimately, I will be looking for the BUY PATTERN lower (will try to update if/when […]

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XLP/NYA ratio analysis – an update

06/09/2019 – back to our old favorite. you know I’ve been watching this one for a while. I was hawking a low in the ratio in mid-2018 but missed it from a time perspective … then, in retrospect, easily saw the measured move and the .786 retrace. I’m human, I missed it. should have been […]

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back at it … just got back from a week long Stand Up Surf Camp … where are we now?

amazing week in Punta Mita Mexico … after my daughter got married my wife ‘allowed’ me to take some R&R.  Worked hard for a week on my SUP skills w/ these guys: if you have any interest in Stand Up Paddle Surfing do this … shout out to Chris Sfor ALWAYS being patient w/ me.  […]

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XLP / $NYA need upper target to be hit AND a sign of accumulation …

note – we are forming a “doji” candlestick pattern – “uncertainty” on a monthly basis, yet the higher target remains a little higher. broke out of two monthly trend lines and have paused RSI approaching extreme overbought levels of the 2008-2009 panic. UNTIL WE HIT THE UPPER TARGET – FOR ME – we are in […]

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