TradingView
pantheo
May 30, 2014 4:52 PM
Stocks/gold ratio breaking above decade old trend line
AMEX:SPY/AMEX:GLD
1W
SPY/GLD
Arca
Description
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May 30, 2014 4:52 PM
Big change if stays
SPDR S&P 500 ETF (SPY)
GLD
Comments
jago25_98
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May 31, 2014 8:00 AM
"In summary, evidence from the past 43 years offers little support for belief that the ratio of DJIA to gold price usefully predicts stock market returns and no support for belief that the ratio predicts gold returns."
cxoadvisory.com/3935/technical-trading/djia-gold-ratio-as-a-stock-market-indicator/
But does work as relative test of index against index:
safehaven.com/article/21867/dow-jones-to-gold-ratio-and-greek-stocks
pantheo
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May 31, 2014 3:37 PM
Thank you, good read:-)
More
But does work as relative test of index against index:
safehaven.com/article/21867/dow-jones-to-gold-ratio-and-greek-stocks