This ratio looks like it wants to drop - in which case we should witness one of these three situations: 1. VIX rising more than DXY rising, 2. VIX falling less than DXY falling, 3. VIX rising plus DXY falling
Watch the lines. It is my first time publishing this ratio. This might be one of the most awesome charts for precious metals investing.
It seems if there is no crash in Utilities, then there is no crash in the stock market, we need to watch the lines here. Utilities are very high right now.
This ratio looks like it is to have a big drop soon.
Theoretically it should drop back down to those black lines around $18.70~$18:80, but it's not worth the wait, because the next rally should be huge.
Look at that - if Silver breaks above those two black lines, it is going to shoot up like a rocket, as there are no more black lines until we hit $26 something.
It seems only volatility in Utilities can truly threaten equity , so that this might be the ultimate indicator for going short equity . Right now the danger level is very low, because Utilities are through the roof.
Gold against the strongest currency (Yen right now) will give us insights as to how Gold will do against other currencies.
Watch the lines. This ratio looks like it will drop significantly.
The black line at around 96.72 mercilessly rejected the Dollar on 6/24/2016. Watch the lines for setting up short positions.