adventurous51

Could this indicator predict corrections 100% of the time?!

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
The cyan line is a weighted average of different asset classes, other than stocks, that I came up with.

It is just a mathematical exercise but I thought it is showing some VERY interesting correlation...

... Just a thought!

Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!
Comment:
The Divergence is getting extreme again. These need to get closer soon!
Comment:
Should a stimulus bill not be agreed to before Congress and Senate goes on holidays, watch for this divergence to close real quick!
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