almost perfect correlation OIL vs NDX

Crude Oil (WTI)FXCM

Description

⋅ Apr 25, 2019 2:35 AM

Markets are perfectly synced right now. This is notorious bubble behaviour. The odds of a melt-up are increasing quickly but with the crazy increase also comes with increased volatility. Big Swings to be seen in the near future (within 6 months)

Comment

⋅ Apr 25, 2019 2:46 AM

Volatility will be increasing so big moves could happen within as few as a few weeks. By big moves were assuming at least 200 percentage points on the NDX (+-2.00%)

Comment

⋅ Apr 25, 2019 2:47 AM

last time we saw a move bigger than 2% was back in January during the last bottom.

Trend Analysis Chart Patterns

Comments

IgorPorokh

⋅ Apr 25, 2019 10:58 AM

@MysteriousPersian Buddy cool strategy. I think everything will work out. I will follow you, interesting how it will end

MysteriousPersian

⋅ Apr 25, 2019 4:34 PM

@IgorPorokh, its not as much a strategy as it is an observation but the analysis i think holds up.

Retail is no longer imvesting using sound logic but rather impulsive ideas. And ir will end poorly