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Targets a plenty ….
Posted on January 25, 2020 Leave a Comment
02/24/2020 UPDATE: well today was a pretty smashing day as “days” go but in the big picture it’s really nothing. but, he fact that the NYSE Index hit the target – from the all time low – so nicely, we do have to be defensive as explained, roughly a month and a half ago … […]
the XLP / NASDAQ ratio complete a BUY pattern …updated 05/19/2019
Posted on January 15, 2019 Leave a Comment
05/19/2019 as you can see below, the buy zone was defeated by just a bit but, ultimately, it proved to be good support and the ratio is going UP which shows a risk off mindset w/ regards to the institutions. keep an eye on this ratio as it’s very important and can give us a […]
WATCH THE RATIO’s
Posted on December 16, 2018 Leave a Comment
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 […]
One of the most important charts out there … R A T I O P O L A R I T Y
Posted on July 13, 2018 Leave a Comment
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 […]
should have done this one before – not sure why I didn’t …
Posted on June 17, 2018 Leave a Comment
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 […]
XLP / S&P 500 – support here is justified and, perhaps, a signal of volatility to come? UPDATED 11/04/2018
Posted on June 9, 2018 1 Comment
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 […]
Technology vs Staples (XLK / XLP) Ratio Analysis
Posted on June 3, 2018 Leave a Comment
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 […]
the last time this happened the market corrected 26 percent …
Posted on November 9, 2017 Leave a Comment
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 […]
XLP / NYA ratio analysis update
Posted on October 26, 2017 Leave a Comment
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. […]
Continuing to Monitor the XLP / NYA important ratio …
Posted on October 8, 2017 Leave a Comment
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 […]