SPX / XAUUSD
SPX divided by Gold, a better way to see a real value of index.
In weekly charts, RSI show a great time to buy SPX, historically.
#SPX
#GOLD
#XAUUSD
Recession periods, normally, there is a weak demand for commodities (oil down) and Gold, as real protection asset, goes up.
This chart shows these recessions and how the indicator oil/gold went down. So, it’s a way to look high probabilities of recession in coming months.
There is a green line showing USDBRL, to Brazilians understanding how protect their assets...
I’d like an ETF for E7 Countries, holding their ETFs (Brazil EWZ; China MCHI; India INDA; Indonesia EIDO; Mexico EWW; Russia ERUS; Turquia TUR).
Theses countries has been more GDP upside than the G7 Countries. An this must go on.
*** The Russia ETD was excluded for the “index” because it isn’t been working on.
I’ll include the ETF ERUS after the war.
