Familiar Fail in Dow SPX Ratio

by Ashraf Laidi

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.

Click To Enlarge

Click To Enlarge

More Hot-Charts

• DAX40 Germany40

  Nov 22, 2024 17:50 | by Ashraf Laidi
  .

• MSTR 545

  Nov 20, 2024 12:29 | by Ashraf Laidi
  Listen to the voice note sent to the WhatsApp Bdcst Group for detailed explanation of these charts - استمع إلى الملاحظة الصوتية المرسلة إلى مجموعة الواتساب الخاصة للحصول على شرح مفصل لهذه...

• EURGBP Latest

  Nov 11, 2024 13:38 | by Ashraf Laidi
  There are two important messages from this chart. I will share them with the WhatsApp Broadcast Group shortly..