Articles Related to XLB

Market Analysis for Jul 28th, 2021

Some more freebies before I go offline/vacay👇Keep eyes on these sectors XLF+XLB and do some homework...setting up for another upside acceleration into ATHs1~2 month of digestion so far. Getting tight...and ready to uncoil. Level by level approachXLF line in sand = last week's low 34.90s. Now, 36.48~. Prior ATH = 38.6~XLB line in sand = last week's low 78.60s. Now, 82.85~. Prior ATH = 89.

by Ricky Wen - 2 years ago

Key Sectors and Ingredients for Rally Continuation

key sectors...held where they HAD TOO....they where the tape tell that gave the confidence yesterday should be IT....as i've been harping on for a few weeks....the 4 horsemen to take this tape up an out remain: Industrials, Materials, Financials...and Emerging markets (yes not a sector).... since all these held beautifully and positions are set....now we are just left with watching patiently as they need to just continue to plot along Continuing their paths... reversals would be warnings...but till then nothing to do...lazy river for a bit....

5 years ago

Ingredients for a local Bottom

we need blue micro on ES chart....to take foot and get the 5 up...and turn the SPX hourly into the iii of (III) up.... key levels marked on both charts, both short term and bitbacked out... this count is predicated on Industrials and Financials and Materials getting their Leadership MOMO going...without them...tape will fall on its own weight.... keepin it REAL'.....

5 years ago

Sticking with the Multi Month Swing Trades

Not seeing anything to change my tune....Back out play the Daily charts (if you have a swing trader mentality). Likely to be a bunch of noise the next 48 hours and this week with FED, NK summit etc etc.... I'm headed to New Yawk for a work deal in a bit for my flight...so won't be on much till Thursday when i return.....keeping my core swings as posted to Jan, Mar and June 2019....and some of the momo shorter dated for now... As Industrials, Materials, Financials and HC keep strenghthening I believe they will LEAD as stated a bunch of late...Consumer Discretionary and Energy just needs the continuation leadership.... once EEM jumps on board...

5 years ago

What Lies Beneath?

Tech has been the bandito, obviously over the past few years. Needs no introduction. It led the tape for much of the run from 2016 (4th) wave lows. It now represents a cool 25% of the SPX. So as we've heard as Tech goes, the SP 500 goes. Or does it? Its easy to point to it as the leader and draw conclusions from it. Yesterday and Today Iam seeing SOmuch to do about the FANG's...all down on the day or mildly up underperforming the Tape by a wide margin. To me...what the FANG's do for the next few months is inconsequential to the TAPE. They are much to do about nuttin....say what? What Lies beneath has been building strength.

5 years ago

Free 15-Day Trial

• S&P 500 Wave Analysis
• Gold, Silver, Oil & US Dollar Reports
• Stocks, Options, Cryptocurrencies & more
• Live Coaching & Webinars

OUR MEMBERS SAY ...

I live Finance. 80hrs a week corp finance. I trade as a hobby and in my opinion this is the best site in the world for someone to learn about markets... i rue the day when it is no more or its core is changed. there is NO BETTER SITE IN THE WORLD to get the off-cuff input/feedback/knowledge across ALL MARKETS like this site... Thank you to the analysts here who grind out thousands of charts each week.
"GibsonDog" - Trading Room

My AUM has grown exponentially because of you and I can't thank you enough. My biggest regret is not signing up sooner! You've done more good than you will ever know.
"AAMilne" - Trading Room

I worked on trading desks at top investment banks for 10 years, then traded on my own for another 8. I've seen 100s of research from the best analysts in the business. Avi and EWT is the only one I'm willing to pay for right now.
"tzeyi" - Seeking Alpha

I see the best quants, strategists and technicians the street has and you and your group are amongst the absolute best. My trading desk is floored at turning levels you are able to provide.
"Slu" -

CNBC had a stat this morning that over the last 20 years 86% of money managers/hedge funds have underperformed the market. They couldn't figure out why that’s the case given how 'smart' these people are. . . . I know my performance since joining the site has skyrocketed!
"HenryH" - Trading Room

I've been managing money since 1981 and ... I've never seen anyone handle fibs like him [Avi].
"halburris" - Seeking Alpha

This is literally the greatest advisory service - bar none.
"MJK" - Trading Room

Avi, After 40 years of trading...I am convinced there is no better analysis than yours.
"jmt1951" - Seeking Alpha

I’m convinced, EW theory is THE best way to approach markets for investing/trading. Whether you’re scalping micro moves, day trading swing trading or long term investing, EW always has you covered. Most people have a lens or a way they view the market but how consistent over time is it? For myself I like fractals and have made life changing trades off them. But as my trading days add up [and] the value of EW becomes clearer, especially when coupled with fib #s, I have to give credit to you Avi for this!
"bullhammer" - Trading Room

"I'm approaching my one year anniversary in the group and I truly believe this is the best decision I have ever made about a research service. FWIW, I'm a financial advisor and I have been in the industry for over 20 years. I manage over 300MM in assets and have routinely been a council member at every firm I have ever been with. Even though I'm just scratching the surface in my Elliot Wave education, this service has really helped me position my clients in the right way."
"YogiZeke" - Trading Room