Consumer Discretionary vs. Staples Flips Back to Negative

Just one of a constellation of what seems like 100s of potential market signalers (see SPX/Gold, GYX/Gold, Copper/Gold, TIP & IEF vs. TLT, Junk/IG and on and on it goes…), Discretionary vs. Staples is dropping again after a failed attempt to break resistance. * We’ll cover the indicator constellation and update nominal markets as well in NFTRH 542. An update we had in yesterday’s pre-market … Continue reading Consumer Discretionary vs. Staples Flips Back to Negative

XLY/XLP Ratio, an Important Alt. View

Recently we noted how the XLY/XLP ratio had broken upward from the dome to seemingly challenge the message of the 2003-2007 comparison to the current period (2013-2017). Here is the updated version of the chart we used, complete with the apparent bullish break intact. But I took a closer look at this in NFTRH 446. Line charts do not show the in-period cross talk; they … Continue reading XLY/XLP Ratio, an Important Alt. View