I am not partial to these simple ratios, but they do correlate over time for global risk-on/off. It appears to be 30-year supercycles for the US market/credit macrocycles. Based on this chart, short gold and long DOW...
As the ol' southern colloquialism would have it: "Darn theng (The Dow) is fixin' to be done foh, rat cheer, right about naw!"... And this where the Long March (to < 9999) bound to start, rather sooner than later. (There is also a perfect Fib. Time Cycle lurking in the background. - Look closely!) If one is afraid to Short the index outright, no problem! - You're...
The Dow Jones (IA) / Gold Ratio and the U.S. 30-year Treasury Bonds / Russell2000 Index Ratio are coinciding at key levels. Both ratios are at historic turning points, foreshadowing their respective Phase Transitions! (and as such, indicating highly volatile, multi-standard deviation moves in the global equity indexes.) The title chart is an extended (120 years)...
Gold had a downturn at 19,19% and stayed in correction sentiment, but were close to bear sentiment (20%+ fall in price from the top) .
Around price 1676$ it saw massive technical support. The technical support where in these 3 types:
- Trendline from previous lows.
- Fibonacci 0,618 based on lows from March 2020.
- Bollingerbands 1000,3 based on 4-hour chart....
We love watching this chart because it is very accurate but does not trade alot. We are currently following this trade set up both in an account and on paper.
The Trade:
Oct 1 2018: Buy $10,000 worth of XAU or roughly 8.3 oz
March 25 2020: Sell those 8.3 oz (now worth $13,494) for DIA @ $214.x or 63.2 shares
Today March 10, 2021: Those 63.2 shares of DIA are...
What "global recovery"??... Are "they" serious? - Of course not. But it is entertaining, that much is true.
Going long Game Stop makes a great deal more sense than owning US equities - or any other, for that matter.
(At least a case can be made for he former .)
... and here is one (among many!), reasonably reliable Risk On(Off) FX pair ...
... which says that...
Self explanatory.
... thus, one may need to resort to this ...
... soon!
Corollary to the above (Safe Havens)
Although this is a FLAT (minor Long) here, for now. - But only briefly!
... and since this is telling you that Gold is to continue significantly lower from here ...;
... it stands the reason that the Dow is about to go for an outright dive! - As the...
DJI/GLD will proximity went below 10.
The bearish trend of DJI/GLD will continued after a slightly 0.382 rebound (CD) of the downtrend (BC) and hits the resist at 16.5, which is the lower edge of the bearish triangle (head and shoulder reverse signal).
As the rebound hits the resist, the trend will conversely go bearish and expected target would be 1.618 of the...
We may have just seen a key breakdown in the Dow/ Gold Ratio.
This would signal that the period of sustained out performance of stocks over gold, and indeed precious metals as a whole may be nearing an end.
As you can see on the left hand chart, a monthly cross of the 10 and the 50 moving averages was a strong tell that the trend had reversed, interestingly,...
