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QQQ SELL PATTERN and XLP/QQQ buy pattern – don’t shoot the messenger

In July, we noticed this pattern completing. Yes, we went 3 points thru but the RATIO held and popped big time today.  Watch the median line shown below on the XLP/QQQ and see if price goes thru the line then the sell off could continue. Thanks! Bart ———————————————————————————————————————————————————————————————————————————————————————————————————————-

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should have done this one before – not sure why I didn’t …

so, the NASDAQ looks unstoppable … we have sell patterns on the DOW, the S&P, the NYSE Index but the NASDAQ is moving into new territory and it sure looks like finishing/close to finishing a 5 wave sequence.  So, why not do the XLP / NASDAQ?  Honestly, I don’t know why I haven’t done this […]

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XLP / S&P 500 – support here is justified and, perhaps, a signal of volatility to come?

there is a different look/feel to the XLP / SPX versus the XLP / NYA. If you look at the chart below, you’ll see we did a pretty tight consolidation from 2011-2016 in the XLP / SPX.  It’s a ‘perfect’ sell pattern at “C” that complete and then the ratio fell out of the sky. […]

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Technology vs Staples (XLK / XLP) Ratio Analysis

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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the last time this happened the market corrected 26 percent …

11/9/2017 – as you can see below and on other post we have been hawking the ratio analysis of XLP / NYSE Index. Won’t go into the why here as that has been done a number of times. some key points to consider: we have completed the EXACT measured move correction and biggest since the […]

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XLP / NYA ratio analysis update

10/26/2017 – as you know, we were looking for support to hold on a .382 retracement of the XLP/NYA ratio. this support would cause a bounce or a move higher in the ratio and therefore bring volatility into the market.  NOT EVEN CLOSE … that level has been pierced and now lower targets are shown. […]

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Continuing to Monitor the XLP / NYA important ratio …

did this for Andy and the gang @seeitmarket: https://www.seeitmarket.com/are-consumer-staples-signaling-a-volatility-omen-17331/ here’s an update as of Friday’s close: If I learned anything from getting my CMT it was the power of ration analysis.  X/Y …. If X is stronger the chart goes up and if Y is stronger then the chart goes down. And, since we are charting […]

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XLP / $NYA … approaching .382 from all time low

if the XLP/NYA ratio finds support and appears to end an A-B-C correction THEN we ‘should’ see Volatility Spike and correspondingly a nice correction in equities. If this level fails, then we might see some consolidation or a little pullback but nothing that could spook the masses. it might be noted that … right now […]

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XLP / $NYA – wow, what a “perfect” sell pattern on the ratio – means BUY equities (if it fails, watch out) UPDATE

09/17/2016 – as you can see below, this SELL the ratio (BUY THE NYA Index) worked very nicely.  Again, for those of you new to my blog the concept is this: Me or You individually don’t do a darn thing to move the market.  It’s the INSTITUTIONS that make the market.  When they get ‘risk […]

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