It cought my eye, that not a single trader looked at a correlation with the DJI, S&P500 and USD markets.
while from this graph there is a clear evidence that the same institutions dumping traditional stock, in the wake of US FED hiking up the interest rates, Trump's ramblings on blaming the fed for the demise of the economy, while he just caused it to overheat...
So back to basics, without any background in economy, financial trading, except experience, logic and an analytical mindset.
by overlaying S&P 500 with btc, you see that both move in similar ways, with S&P slightly leading BTC.
does this mean we can predict btc's direction with S&P 500 as guideline? guess not as they are totally not coupled.
S&P relates to...
Just a short one.
Most people look at trades on 4h, day or slightly more, not a lot of people zoom out far enough to see if there are other patterns, longer term patterns involved.
Accordingly I have see no one using any correlation tools with bussiness indicators, major economic trends. wouldnt it be interesting to see a long term correlation of the volatility...
