The lumber/gold ratio is a very strong indicator of the state of the market, and how risk assets will perform.
When this ratio goes down, it is signalling that risk assets will go down as well.
This ratio just made a lower high and is looking bearish, so I expect it to go down even more, if it does, cryptos will follow.
So be cautious.
Any questions?
Good luck traders
Remember not to break your rules
Habib
When this ratio goes down, it is signalling that risk assets will go down as well.
This ratio just made a lower high and is looking bearish, so I expect it to go down even more, if it does, cryptos will follow.
So be cautious.
Any questions?
Good luck traders
Remember not to break your rules
Habib