This is the most useful indicator I have found for identifying major market cycle tops and bottoms. As you can see we're still very far from a bottom. I expect this to flash a bottom signal somewhere in the $1,600-$2,200 range.
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.
