Same as all my others, so for reference see my earlier ideas for better grasp of what I do...
But when the dollar changes, you must track that with price to see if things are in inflated territory or deflated territory. As in, gold goes up cause the currencies its measured against go down....cant view it another way.
So if SPY is overdone, it should be higher than previous highs...which the one chart below shows....but the price chart doesn't show it....so if your stock accelerates faster than the currency can devalue....you have potentials for blowoffs and hard reversions.
enjoy:
But when the dollar changes, you must track that with price to see if things are in inflated territory or deflated territory. As in, gold goes up cause the currencies its measured against go down....cant view it another way.
So if SPY is overdone, it should be higher than previous highs...which the one chart below shows....but the price chart doesn't show it....so if your stock accelerates faster than the currency can devalue....you have potentials for blowoffs and hard reversions.
enjoy:
İşlem aktif
similar results when you analyze against the 3 month treasury yield
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.