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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: codfish23 who wrote (111784)10/1/2018 11:34:24 AM
From: GROUND ZERO™  Respond to of 221324
 
All true, except gold is better than a boat, at least you can sail the boat and enjoy the fresh sea air...

GZ



To: codfish23 who wrote (111784)10/2/2018 5:55:29 AM
From: GROUND ZERO™  Respond to of 221324
 
The long term ratio between the SP and gold is beginning to reverse direction... this is a relative relationship between these two markets in which the gold market is now beginning to accelerate its rise over the SP...

Both can rise and/or fall at the same time but the ratio means that gold will hold and remain more buoyant in both directions...

For example, the last time this occurred was in early January of 2018, at that time the SP declined significantly while gold held with no move in either direction... the time previous to that was in mid March of 2017 at which time the SP declined but not as much and gold rallied significantly higher...

GZ