Gnothisafton

Every time S&P 500 touches DJI a major correction starts

Short
SPX/DJI  
SPX/DJI  
In December 2021 S&P 500 touched DJI. The past reveals that every time S&P 500 touches DJI a major correction starts. That happened in 1929, in 2000 and in 2008 as the following chart shows. The only thing I have to add is that it looks like we're at the beginning of the current major correction.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.