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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.88+1.2%Nov 28 4:00 PM EST

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To: sense who wrote (171991)5/19/2021 3:14:11 PM
From: sense  Read Replies (3) of 218108
 
Puzzling a bit over the down day in SBSW...

So, chart work...

Comparing SBSW and component DRD... with the SPX.

What is see is a change in patterns occurring coincident with the bottom in the first week of March.

From that point... SBSW has made bottoms on a line that equates to SPX + 20%... below which it has refused to travel...

The correlation with DRD in that same period shows SBSW ranging down to and below the zero line at its lowest correlation relative to DRD... th variation perhaps being greater volatility in DRD...

Which I note has it off its intrady highs...

So, adding to both at what might prove to be the low... at least intraday...
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