IWM ratio charts revisitedI talk about IWM and SPY in this video and why I think an excellent short opportunity on IWM is coming quite soon. Good luck!
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14 Year's SupportAfter Multiyear Underperformance finally in Ratio Chart Price Trading near 14 Year's Momentum line and looks like Asian paints ready to outperform now .
Central Bank Balance Sheet vs NasdaqUntil the job market forces the Fed's hand, their balance sheet can keep on shrinking (letting Nasdaq to keep out performing it).
Using ratio charts (instead of overlaid data series) works as a Rosetta stone. Helps see the underlying macro economics is play.
#fed #fomc #nasdaq
Looks Like Multiyear ReversalAfter multiyear downtrend finally price out from down trend channel and after base formation price ready to outperform . Price break the range in ratio chart also . High risk becoz of fundamentals ..
NIFTY MetalDollar Index has turned berish so metal should outperform in normal scenario and the same is visible on this ratio chart. It seems just begining of the metal trend. It can reverse anytime if dollar index again turns bullish so keep your SL in place
NIFTY ITIt seems at inflection point. It is at breakout point and further it has done 61.8% retracement of total rise from bottom of 2018 in ratio chart. If it is held well then some good rally is expected in this counter.
#Gold versus #Inflation #Gold versus #Inflation is telling me the time to enter has not yet arrived.
Why? Higher probability for ROCKET SHIP moves of #Gold, #Silver, and #Miners is when that ratio chart takes off.
More work STILL needs to be done.
Patience, the lion's share of GAINS still out there.
When is the best time to buy Ethereum?The Ethereum to Bitcoin price ratio chart indicates that Ethereum's price remains influenced by the fluctuations in Bitcoin's price.
The pattern displayed on this chart suggests that Ethereum is likely to endure buying pressure from Bitcoin in the market.
However, the ideal range to anticipate a more substantial movement for Ethereum against Bitcoin would be around the parity level of 0.0490-0.0456.
Furthermore, the market is expected to facilitate more substantial bullish movements for Ethereum by providing additional support for Ethereum.
H&S on gold silver ratioSilver is starting its move up along with gold...I expect silver however to outperform gold by a significant amount based on the gold/silver ratio chart which is showing a H&S pattern. Approximately levels are shown on the chart below...but these will need refinement as we see this really start to move.
Lift offRight shoulder of the IH&S (white) is another IH&S (Orange)...I think we will see the break of the neckline this week..perhaps a pb followed by a major move...Remember that gold will go up...but silver will go up much more...look at gold/silver ratio chart which is currently showing a H&S shoulder pattern...will post that soon.
NIFTY RealtyThis may also outperform in coming weeks as there is good breakout in ratio chart and hence some good upside is expected.
NIFTY Consumer DurableConsidering festive season in near term and ratio chart are showing that consumer durable may give good returns in coming week
RelianceIt coming at multiple support level in ratio chart and nifty energy is also showing some strength. One may look at reliance with SL per risk appetite.
IWM/SHY Sell SignalClear perfect H&S top in the IWM/SHY ratio chart. Predicts that short term bonds will now outperform the Russell 2k and the target of the pattern is a new low in the ratio. This implies that the Russell is likely to break to new lows while short term bonds should remain strong. If short term bonds were to decline at the same time as the Russell, the decline in the Russell will be more severe.
Axis BankIt seems on verge of breakout in ratio chart. One may plan long here with proper SL in system
BSE Power IndexIt seems that it is coming to retest breakout point in ratio chart and then it should move higher. So it is better entry point for long here.
Bank NIftyIt has broken out in ratio chart in coming week some out performance is expected from BNF. Try to get on the right side with SL. Some major banks may rally in coming week.
JSE Life Assurance vs JSE Top 40. Nearing Overbought?The JSE Life Assurance Sector is approaching overbought levels relative to the JSE Top 40 Index. Considering the distance of the ratio chart vs the 200-day SMA, sector trades 13% above the moving average. This is the highest level since 2019 (as far the current data goes back). Why is this chart relevant? For traders who currently hold life insurers or are overweight the sector, the distance vs the 200-day SMA may indicate an overextension and that a pullback from at or around current levels is possible. Alternatively, if for investors who have been overweight the sector, it may be an opportunity to shift to an equal-weight position.
TATA ElxsiIt is showing breakout in weekly ratio chart. The price should sustain this level. keep SL as per your risk management.
TSLA VS SLVIt looks like today's big move up in TSLA might be fake to provide liquidity for Smart Money if it reverses all the way back down tomorrow. Smart money needs to turn all these buyers into sellers so that they can load up on Longs at gap fill around 220.
This ratio chart is telling me that SLV should outperform TSLA so TSLA has to fall while SLV has to rise. Funny how it bottomed at 5, 7 and possible 9 for about 1 week before it rises.
AXIS BankIt is expected to come out from big consolidation in ratio chart. But it is not sure when it will come out. So stay positive on this stock and find some good entry point. It may give good investment returns as well. Breakout from the upper channel is must.
NIFTYBANKIt is braking out from the short term down trend in ratio chart hence it may possible that Bank nifty will outperform nifty in coming days/weeks. Further, nifty has given negative weekly close while bank nifty has given positive weekly close. That's also positive sign. Find outperforming bank and get good upside
