We find different trendlines and an important support at this point. If the stock market keeps rising we might have a lower price, also because commodities and bonds trend inversely (1) we could have a small change in the trend, because both oil and gold have fallen.
1. Murphy, J. J. (2015). Trading with Intermarket Analysis: A Visual Approach to Beating the Financial Markets Using Exchange-traded Funds (Vol. 586). John Wiley & Sons.
1. Murphy, J. J. (2015). Trading with Intermarket Analysis: A Visual Approach to Beating the Financial Markets Using Exchange-traded Funds (Vol. 586). John Wiley & Sons.
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Working a bit so far..Note
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Let's see how long this lasts..Note
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After rate hikes, dollar and SPX fallNote
That went beyond expected.. :)
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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.