TradingView
ValkyrieBlue
Sep 21, 2021 3:11 AM
SPX Divided by M2 Money Supply
Short
SP:SPX/FRED:WM2NS
1D
SPX/WM2NS
SP
Description
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Sep 21, 2021 3:11 AM
Double top & trend break.
Removing the effect of M2 is a way to view the market without the manipulation of extreme money printing.
Trend Analysis
Chart Patterns
Double Top or Bottom
SPX (S&P 500 Index)
M2
Comments
accenaar0
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Oct 3, 2022 2:23 PM
How do I divide indices by the money supply? I am curious about seeing the NDQ divided by the money supply...as well as BTC etc.
ValkyrieBlue
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Oct 4, 2022 11:28 PM
@accenaar0
use math symbols to combine. SPY/BTC would divide SPY by bitcoin for example
merkd1904
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Sep 21, 2021 5:46 AM
Is this the same m2 money supply they stopped updating in April?
ValkyrieBlue
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Sep 21, 2021 1:19 PM
@merkd1904
this one is still updated. FRED replaced M2 with WM2NS
merkd1904
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Sep 21, 2021 11:15 PM
@ValkyrieBlue
, dope, i did not know that. Thank you.
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