Watch the lines. This is the first time I publish this ratio and it looks like it is about to drop.
I warned you about this ratio crashing before.
DOW just broke below a black line that extends back to 1932.
Watch the lines. Brexit or not it was going the same direction.
Watch the lines - this is the perception of long term Dollar value divided by Gold.
Either Bitcoin is about to soar, or stocks are about to drop, or both.
This ratio has a very hard time trying to go up. It seems that it's eventually going to test the purple line. What happened last week or two look like a dead cat bounce.
Watch the lines - it seems to be another bull pullback consolidating at a faster pace.
Plenty of idiots are still long this ratio at this level. Watch the lines. Being short this ratio has much more upside than being long this ratio at this point.