Hello, i noticed Gold often goes up when Stocks decline.
So i put the Sp500 against Gold Prices to see if this ratio is any useful and it turns out it could be pretty good for predicting the next big Stock crash.
It seems to generate good sell signals, not useful for buy signals tho.
Atleast historically the red Trend line predicted a Bear market for Stocks. This is one of my experimental Charts, so take it with a grain of Salt.
Im not sure if this is genius or stupid, i will keep this chart in my mind tho for the coming years and a potential Stock Top.
DYOR and please leave a like :)
So i put the Sp500 against Gold Prices to see if this ratio is any useful and it turns out it could be pretty good for predicting the next big Stock crash.
It seems to generate good sell signals, not useful for buy signals tho.
Atleast historically the red Trend line predicted a Bear market for Stocks. This is one of my experimental Charts, so take it with a grain of Salt.
Im not sure if this is genius or stupid, i will keep this chart in my mind tho for the coming years and a potential Stock Top.
DYOR and please leave a like :)