Amadeo Ratio 5/13/2016 Short

1/AMEX:VXX/AMEX:XME/FX:UKOIL/AMEX:XLE/FX:XAUUSD/FX:XAGUSD/AMEX:GDX1D

1/VXX/XME/UKOIL/XLE/XAUUSD/XAGUSD/GDXArca

Description

⋅ May 15, 2016 3:44 AM

This ratio has a very hard time trying to go up. It seems that it's eventually going to test the purple line. What happened last week or two look like a dead cat bounce.

amadeoratio

Comments

Trance-Man

⋅ May 15, 2016 6:30 AM

This one is confusing me a bit, if dead cat bounce here, what would then see a dramatic fall, the SPY, VXX, etc? Thank you.