Ratio analysis, key level hit on the XLP/ NYSE Index

Posted on January 24, 2021     2 Comments

we have a very KEY level of support on the XLP/NYSE Index ratio. as you can see below … we have the measured move (dashed red line) equal to the largest correction in the ratio since the low in 2007 and w/ that the lowest level on the RSI in 12+ years. note, a bullish […]

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