We find different trendlines and an important support at this point. If the stock market keeps rising we might have a lower price, also because commodities and bonds trend inversely (1) we could have a small change in the trend, because both oil and gold have fallen.
1. Murphy, J. J. (2015). Trading with Intermarket Analysis: A Visual Approach to Beating the Financial Markets Using Exchange-traded Funds (Vol. 586). John Wiley & Sons.
1. Murphy, J. J. (2015). Trading with Intermarket Analysis: A Visual Approach to Beating the Financial Markets Using Exchange-traded Funds (Vol. 586). John Wiley & Sons.
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Working a bit so far..
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Let's see how long this lasts..
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After rate hikes, dollar and SPX fall
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That went beyond expected.. :)