alphamindset

SPX - DJT - CORRELATION CONFIRMATION - DEMAND IS NOT THERE!

Short
SP:SPX   S&P 500 Index
SPX - DJT -CORRELATION CONFIRMATION - DEMAND IS NOT THERE!

The SPX and DJT are highly correlated, this is to say that the correlation indicates the underlying demand for goods requiring transportation. In a previous chart using the same tickers I showed you that there was no confirmation of an economic 'slowdown', this time we do!

NOTE where I have made notations. The previous confirmation was Februray, 2020 - need I say anymore.


** NOT FINANCIAL ADVICE **

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