Could this indicator predict corrections 100% of the time?!
Updated
The cyan line is a weighted average of different asset classes, other than stocks, that I came up with.
It is just a mathematical exercise but I thought it is showing some VERY interesting correlation...
... Just a thought!
Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!
It is just a mathematical exercise but I thought it is showing some VERY interesting correlation...
... Just a thought!
Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!
Note
The Divergence is getting extreme again. These need to get closer soon!Note
Should a stimulus bill not be agreed to before Congress and Senate goes on holidays, watch for this divergence to close real quick!
Disclaimer
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