This one is for the bulls… you want this level to hold moving forward $XLY $XLP pic.twitter.com/Q6RpuTR26K — Grant Hawkridge (@granthawkridge) July 14, 2020 Today’s Chart of the Day was shared on Twitter by Grant Hawkridge (@granthawkridge). It’s a ratio chart of the Consumer Discretionary sector ($XLY) vs. the Consumer Staples sector ($XLP). This ratio is […]
Chart of the Day – Friday, April 3rd, 2020
Equally weighted index, Offensive $XLF & $XLK & $XLY vs Defensive $XLP & $XLU & $XLV. Respecting a support and resistance level dating back to 2007. pic.twitter.com/1LrMpyrYDI — Grant Hawkridge (@granthawkridge) April 3, 2020 Today’s Chart of the Day was shared on Twitter by Grant Hawkridge (@granthawkridge). It’s a ratio chart showing a basket of the offensive […]
Chart of the Day – Monday, December 30th, 2019
$XLY / $XLP pic.twitter.com/UNncAVd3o6 — RSL (@rsandbachlaw) December 30, 2019 Earlier today, we asked our Twitter followers: What is the most important chart you’re watching heading into the new year? This chart from @rsandbachlaw was one that we thought was worth highlighting. It’s a ratio chart of the Consumer Discretionary ETF, $XLY, versus the Consumer […]
Chart of the Day – Tuesday, December 10th, 2019
$XLY: $XLP An observation for the bear camp, almost. pic.twitter.com/OfXGBlv4NH — Peter Alexander, CMT (@relativetrend) December 10, 2019 Today’s Chart of the Day was shared on Twitter by Peter Alexander (@RelativeTrend). It’s a ratio chart of the Consumer Discretionary ETF, $XLY, relative to the Consumer Staples ETF, $XLP. This ratio is used to gauge the […]
Chart of the Day – Wednesday, November 13th, 2019
Consumer Discretionary vs. Consumer Staples is displaying characteristics of a downtrend. Even after removing $AMZN weighting from the argument by looking at EW ETFs. $RCD $RHS $SPY pic.twitter.com/gC5YaPedQR — Shane C. Murphy (@murphycharts) November 13, 2019 Today’s Chart of the Day was shared on Twitter by Shane Murphy (@murphycharts). It’s a ratio chart of the […]