‘S&P 500’ Archive

Gold & Silver much stronger than King Dollar of late

  CLICK ON CHART TO ENLARGE When one looks back over the past few years, King Dollar has been much stronger than Gold & Silver by a big percentage. The above ratio of  the Dollar compared to Gold, reflects a strong trend downward (Dollar stronger than Gold). It’s been best to own the Dollar over […]

Breaking News- Hottest stock market in the world declines 7% today!

  CLICK ON CHART TO ENLARGE One week ago today the Power of the Pattern shared the following conditions were in play for hottest index on the planet (Shanghai index)  The Shanghai index was up 40% in 90-Days, formed a bearish wick as it was facing channel resistance, at its Fibonacci 38% resistance level with […]

Leading sector creates monster “engulfing bearish” pattern this week!

  CLICK ON CHART TO ENLARGE Home construction stocks have been pretty hot of late and reflecting big time relative strength compared to the S&P for the past two months. Home Construction ETF (ITB) rallied to the highs of last year and this week is creating a BIG engulfing bearish pattern at these highs.  What […]