Is the S&P500 overrated on this moment? Maby DB has influence..

FX:SPX500   S&P 500 index of US listed shares
Maby there is coming a very hard fall in the S&P500             soon, but why?
If we look our graph were i plot GOLD             , DB             (deutsche bank) and the S&P500             . We can make a prediction of the S&P500             based on deutsche bank.
Deutsche bank is crashing hard last time with company results. And if we look at our figure we can understand that the S&P500             is in a bullmarket and also correlated to DB             . We also known that there are into the S&P500             a lot financial institutes that really affects the stockprice of DB             .

If we make a prediction about the S&P500             we can say three things:
- MACD and MACD-signal will cross each other, were we go under zero (this means a sell signal)
- RSI is to high for a to long period (this means a sell signal)
- Bollinger bands are highly in volatility (there could be happen something negative or positive)
- MA will crosses under the Basis of the Bollinger bands (this means a sell signal)
- DB             is correlated to S&P500             , Gold             is oppositing them

Information derived from Bloomberg, ING             TA-FA
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out