Updated to include marketcap weighted average, added GOLD, remove Russel 2000
Opinion unchanged, grab cash
Opinion unchanged, grab cash
Note
This chart is based on the Equation of exchange and removes the effects of M2 and M2V from the chart. (In theory)Note
Looks like this idea played out. I believe that many long opportunities are beginning to show themselves but I would favor quality over risk.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.