COTTON leads the S&P500 (SPY)
I find this interesting - intermarket analysis.
I try to look at as many indicators as I can handle and then come to an overall assessment of the market's position.
Cotton has its complexities, but sometimes a relationship just jumps out at you.
For me, I see how Cotton is a leading indicator for the stock market. Note how it declined prior to the current stock market decline. Also, note that Cotton is stable today in the weak stock market environment.
Just another chart for you to view and consider.
Cheers.
Tim 12:56PM EST Friday, June 1, 2012
I try to look at as many indicators as I can handle and then come to an overall assessment of the market's position.
Cotton has its complexities, but sometimes a relationship just jumps out at you.
For me, I see how Cotton is a leading indicator for the stock market. Note how it declined prior to the current stock market decline. Also, note that Cotton is stable today in the weak stock market environment.
Just another chart for you to view and consider.
Cheers.
Tim 12:56PM EST Friday, June 1, 2012
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。