CosmicDust

GLD and SPY correlation study

GLD/SPY  
GLD/SPY  
GLD / SPY ratio starts to break out. August 2008 had a similar breakout, and in the following 18 months, SPY lost about 50% and GLD gained about 50%. Is it happening again under our eyes? Who knows. But this is something we certainly should keep two eyes on!

Comments

HMMM, I am upping stops
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HermanBrummer HermanBrummer
Was expecting a bit more of a sell off today, but it has not happened yet.
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CosmicDust HermanBrummer
No sure thing but in my opinion odd is good. This chart is intended for positioning, rather than short term trading.
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