SP follows a steady trend in history, whereas commodities tends to be more volatile. We usually call it cycle.
If you followed more historical data, you would find a significant two sessions cycle made the equity/commodity curve inching up.
I believe this is the beginning not the end.
(I should publish this earlier, it would be more useful. Now I put it here just for monitoring the trend.)
If you followed more historical data, you would find a significant two sessions cycle made the equity/commodity curve inching up.
I believe this is the beginning not the end.
(I should publish this earlier, it would be more useful. Now I put it here just for monitoring the trend.)