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revisiting the XLP/SPX ratio … AGAIN
Posted on September 23, 2014 Leave a Comment
folks, bringing this up, again, because this divergence is MONSTROUS. in order to show the divergence and how something is “not quite right in toon town” I’ve actually inverted the ratio to show the S&P 500 on top this time. t the only reason is it shows the amazing divergence present .. when you look […]
a “relative strength ratio” revisted …about to fall off a cliff?
Posted on August 19, 2014 Leave a Comment
CLIFF NOTES: the XLP/$NYA ratio, when it inflects UP or DOWN, has been responsible for every major pivot in the US Equity Structure over the past 14 years. It is sitting on a cliff of support, which if lost, will signify a move OUT OF “risk adverse” asset class of staples and I would expect […]
Ratio patterns holding …
Posted on August 5, 2014 Leave a Comment
CLIFF NOTES: we’ve shown the sector rotation being shown by ratio analysis before. we’ve also shown how every major inflection (up and down) has been due to the ratio’s bottoming or topping. we’ve also shown how patterns have failed to hold and have confirmed the move higher in stocks the past few months …well, for […]
WMT / NYSE Index Ratio and the KEY support
Posted on July 30, 2014 Leave a Comment
CLIFF NOTES: patterns exist on the ratios/we use ratio analysis to look for sector rotation and when the RATIO’s inflect there are usually inflection points. We are at a key level in the WMT / SPX ratio. Also, I added the NYSE Index overlaid. Note EVERY HIGH AND LOW was at this ratio’s SUPPORT and […]
CTRL-ALT-DELETE. The S&P 500 sectors, AGAIN
Posted on May 31, 2014 3 Comments
CLIFF NOTES: the “chart of my lifetime” is still just that – an amazing chart of, quite frankly, my lifetime. I think it’s safe to say that the pattern from genesis of the Dow Jones Transports has been defeated. A pattern that took 45,000 days (+) to form and complete. Again, please, let that sink […]
monitoring this ratio closely …
Posted on May 4, 2014 1 Comment
CLIFF NOTES: sector rotation is a fact of life …we’ve shown how the institutions follow a well defined script and how, usually, energy is the last shoe to drop before the inevitable correction (it’s different this time) occurs. ratio’s are important because they show relative strength of something versus something. In this case, we have the XLP (consumer […]
important ratios – revisited
Posted on January 21, 2014 Leave a Comment
For those who have been following me since I started this summer, you’ll find I spend considerable amount of time analyzing the RELATIVE STRENGTH of the STAPLES vs the S&P. Why? The theory is that, in times of volatility and/or bearishness the “big guys” (read: institutions) will rotate into a defensive posture such as staples. […]
relative strength of staples vs the S&P importance
Posted on December 23, 2013 Leave a Comment
in order to get up to speed, if you have not been following, please see the following post: https://bartscharts.com/2013/10/07/staples-strength-vs-the-sp/ we completed a perfect price/time pattern BUY on the ratio and it did, in fact, respect the pattern level. HOWEVER, since then we have taken out the lows of that pattern and if we go back […]
Staples Strength vs the S&P
Posted on October 7, 2013 1 Comment
if you wan to catch up I recommend reading the following two posts: https://bartscharts.com/2013/09/22/the-upcoming-week-of-922-for-the-sp/ https://bartscharts.com/2013/09/25/the-ratio-of-staples-to-the-sp-xlp-spx-trust-me-its-important/ this AM, our pattern that we have been following has completed. what does that mean? the pattern either works or it doesn’t … if it works then our thesis is that the staples (as a sector of the overall market) […]
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