Hot-Charts
Familiar Fail in Dow SPX Ratio
by
Nov 18, 2016 16:36
If you think the post-Trump jump in the DOW30 is highly exaggerated, especially relative to the SP500, then take a look at this chart. Interestingly, the DOW/SPX Ratio failed to break above its 200-WMA. The last time such prominent failure occurred was in May 2013, also a time of surging yields, more commonly known as the Taper Tantrum. This backs a new trade in our Premium Insights.
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