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XLP / $NYA … approaching .382 from all time low
Posted on September 28, 2017 Leave a Comment
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 […]
XLP / $NYA – wow, what a “perfect” sell pattern on the ratio – means BUY equities (if it fails, watch out) UPDATE
Posted on September 17, 2017 Leave a Comment
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 […]
my favorite ratio is still warning to stay defensive, for now ….
Posted on January 30, 2016 Leave a Comment
1/30/2016 – the market has rallied nicely off the most recent lows. HOWEVER, I’m getting into “correction over” or “bull trend resumes” until this target shown below (updated) is hit and then we get a weekly signal reversal candle. Take note – when the overall market is going UP this ratio should be going down. […]
turn off the talking TV pundits, the endless Twitter feeds and defy human nature …
Posted on January 22, 2016 2 Comments
“defy human nature and do the work …” Jim Twentyman folks, the market is giving us a road map and, if we get our “heads out of the airplane” you can see it … what’s the “best” road map, in my HUMBLED opinion? Ratio analysis using pattern recognition …the key w/ ratio analysis is it […]
PATTERN repeat, watch for them at tops and bottoms
Posted on August 13, 2015 Leave a Comment
I’ve blogged a bunch about the power of using technical analysis and ratio analysis. you don’t have to read a 500 page diatribe about the fundamentals (which are important) but you plot A/B and see if it’s going UP or DOWN. UP A is outperforming .. DOWN and A is underperforming. DONE. so as everyone […]
Bill and Ted’s Excellent Adventure Meets the Matrix in two charts …
Posted on August 8, 2015 Leave a Comment
folks, work w/ me … ratio analysis: A/B ….if A stronger (relative strength) then chart goes up. if B stronger (relative strength) then ratio goes down. $NYA – New York Stock Exchange Index – largest barometer of stock market health XLP – institutional rotation occurs into staples in a “risk off” world .. people need […]
revisiting the XLP/SPX ratio … AGAIN in June 2015
Posted on June 27, 2015 1 Comment
time for another update … take note, HIGHER LOWS in the ratio and it bounced off the .786 retracement w/ a nice MONTHLY hammer. It sure appears this ratio is about to go up, which should put pressure on the stock market to move higher. this has taken a LONG time to itself out …. […]
here’s how powerful the XLP/SPX ratio is …
Posted on October 23, 2014 Leave a Comment
below are a couple intraday charts of the “ratio” of XLP/SPX. note, ALL the major inflections (even intraday) are equal/opposite the overall market. so, where does that leave us? Well, you can see a minor buy pattern (two blue triangles) but I favor lower where the .618/.786 overlap. If/when this ratio hits that level I […]
ratio’s are really powerful
Posted on October 10, 2014 Leave a Comment
been blogging a BUNCH about the importance of the XLP / SPY ratio. Why? Well, EVERY turn since 2000 has been nearly exact to the ratio turning up or turning down. here’s the chart: folks, it doesn’t get much better than that … the CANDLES is the ratio of XLP / SPY. The BLUE LINE […]