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Crypto_TA
Apr 19, 2016 3:05 AM

SPY/USO/VXX/GLD/SLV Ratio 4/18/2016 (Short-Term View) 

AMEX:SPY/AMEX:USO/AMEX:VXX/AMEX:GLD/AMEX:SLV1D
SPY/USO/VXX/GLD/SLVArca

Description

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There is giant rising wedge forming. This ratio seems to indicate the aggregate perception of the US economy - the higher the better. As you can see in August 2015, there was a huge leg down which was unprecedented in this chart.
SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index)S&P 500 (SPX500)StocksEquityusstocksusequitiesUSOcrudebrentWTIOilCrude OilGASVXXVIX CBOE Volatility IndexVIXY_UVXYTVIXvolitilityvolitilityindexGLDGoldSLVSilverpreciousmetalsXAUUSDXAG USD ( Silver / US Dollar)
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