SPX since 2002 , Using Gold as indicator= 40% success rate
" The relationship between stock valuations and the gold price is widely debated. The standard view is that these two markets are negatively linked: when the stocks go up, the yellow metal dives, and vice versa. This is indeed often the case, as the gold is a safe haven, so when traders go into defensive mode, they may prefer gold to relatively risky stocks. Clearly, as the chart in the idea, there have been many periods when stocks and gold have been moving in opposite directions. This is why gold is also a good portfolio diversifier, as it provides a hedge against the S&P 500 Index ". Conclusion: Can not be used as an indicator, high risk with low success rate.
-----------------------------
Summary:
40 % @1-5 weeks heads up
22% @ lagging 3-5 weeks.
38 % @ more than 9 weeks
heads up.
----------------------------------------
Data:
1 week
5 weeks
5 weeks
9 weeks
1 week & 21 weeks
Lagging by 3 weeks
1 week
1 week
4 weeks
lagging by 4
lagging by 4
false
10 weeks
32 weeks
41 weeks
23 weeks
10 weeks
lagging by 3
4weeks
lagging by 9 & 40 weeks
lagging by 5
1 week
---------------------
SUMMARY OF 22 SIGANLS:
5, 1 week heads up.
2, 4 weeks heads up.
2, 5 weeks heads up.
5, lagging by 3-5 weeks.
8, more than 9 weeks heads up.
-----------------------------
Summary:
40 % @1-5 weeks heads up
22% @ lagging 3-5 weeks.
38 % @ more than 9 weeks
heads up.
----------------------------------------
Data:
1 week
5 weeks
5 weeks
9 weeks
1 week & 21 weeks
Lagging by 3 weeks
1 week
1 week
4 weeks
lagging by 4
lagging by 4
false
10 weeks
32 weeks
41 weeks
23 weeks
10 weeks
lagging by 3
4weeks
lagging by 9 & 40 weeks
lagging by 5
1 week
---------------------
SUMMARY OF 22 SIGANLS:
5, 1 week heads up.
2, 4 weeks heads up.
2, 5 weeks heads up.
5, lagging by 3-5 weeks.
8, more than 9 weeks heads up.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.