SPX/USOIL Presenting A Market Signal?
Patterns present themselves in the strangest of ways. Sometimes they mean something and other times they mean nothing. There is a fine line between pattern and coincidence.
Here is the S&P-500 with USOIL to compare previous cycles. As the chart presents, each time there has been a significant deviation from the current trend in USOIL it has resulted in a Recession. I have marked the last 3 times in the chart. In total it has happened 6 times since the 1970s.
We are merely down 14% at its bottom in comparison to 20-50% in the past.
Pay close attention to each divergence shown in the chart.
Is this time going to be different?
Here is the S&P-500 with USOIL to compare previous cycles. As the chart presents, each time there has been a significant deviation from the current trend in USOIL it has resulted in a Recession. I have marked the last 3 times in the chart. In total it has happened 6 times since the 1970s.
We are merely down 14% at its bottom in comparison to 20-50% in the past.
Pay close attention to each divergence shown in the chart.
Is this time going to be different?
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。