M2 Money StockShort
M2SL/SPX500 ratio Analysis combined with M2SL and SPX500
Assumptions:
- Taking into account the last 20 year of history
- Vertical line at the point where a recession start (SPX500 start to retrace) and M2SL make new low
- The last 3 cycles last almost the same (6-7 years)
Analysis:
- The trend of M2SL/SPX500 inversely proportional to the price of SPX
- M2SL/SPX500 approach a big resistance
- In the last cycles M2SL have a steady growth but in this last one we have a lot of liquidity, up-trend of interest rate. This could imply a fall of SPX
- Taking into account the last 20 year of history
- Vertical line at the point where a recession start (SPX500 start to retrace) and M2SL make new low
- The last 3 cycles last almost the same (6-7 years)
Analysis:
- The trend of M2SL/SPX500 inversely proportional to the price of SPX
- M2SL/SPX500 approach a big resistance
- In the last cycles M2SL have a steady growth but in this last one we have a lot of liquidity, up-trend of interest rate. This could imply a fall of SPX
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.