Keep in mind that the ratio can never reach 2.
Comment:
Green line is month’s high, red is its low.
Comment:
Here’s a normalized version (between 0 and 1).
Comment:
Deleted previous update. Here’s a better version. Found something else interesting... press play then slowly start scrolling chart out of view to the left. Pay attention to the %. It’s decreasing towards 0% and only increases at dips.
Comment:
Was looking for other ways to clear out the ‘noise’ to find a good sell indicator. This looks promising.
Comment:
Comment:
Spx-adjusted in Fib channel indicating an impending dump.