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the XLP / NASDAQ ratio complete a BUY pattern …updated 02/28/2019

02/28/2019 update: well, the target area shown in the original post was shown and held, somewhat. as the bouncing around started to happen from January 22, 2019 till Feb 21, 2019 it certainly created a nice triangle from the classic EWT. a-b-c-d-e and a resumption of the downtrend. We have rallied a little bit after […]

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WATCH THE RATIO’s

12/16/2018 – as shown before, the ratio of XLP (Staples) / NASDAQ and the PATTERN that completed gave us fair warning of this correction we find ourselves in .. is it the beginning of the ‘next’ bear market. I have no idea. Is it just the ‘buy the dip’ – I have no idea. I […]

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One of the most important charts out there … R A T I O P O L A R I T Y

11/20/2018 – so, this ratio is running the show right now.  if you read the below NONE of this should be a surprise as the PATTERNS worked and the XLP/QQQ buy pattern has taken off, causing a risk off mindset and the NAZZIE to get blasted.  That being said, all is not lost. While I […]

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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? UPDATED 11/04/2018

11/04/2018 – back on June 09, 2018 we saw this – almost – perfect pattern hit support.  it’s the ratio of XLP / S&P 500 – we use ratio analysis to look for ‘risk on’ or ‘risk off’ mindset from the big dudes. in times of ‘risk on’ the ratio will go down as the […]

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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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