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ValkyrieBlue
Sep 21, 2021 3:11 AM

SPX Divided by M2 Money Supply Short

SPX/WM2NSSP

Description

Double top & trend break.

Removing the effect of M2 is a way to view the market without the manipulation of extreme money printing.
Comments
accenaar0
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
@accenaar0 use math symbols to combine. SPY/BTC would divide SPY by bitcoin for example
merkd1904
Is this the same m2 money supply they stopped updating in April?
ValkyrieBlue
@merkd1904 this one is still updated. FRED replaced M2 with WM2NS
merkd1904
@ValkyrieBlue, dope, i did not know that. Thank you.
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