TradingView
RealMcafee
2018年6月29日午後9時3分

Dow:Bitcoin ratio vs. Dow:Gold ratio 

DJ:DJI/FX:XAUUSD6M
DJI/XAUUSDDJ

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More chart wank from me... sorry.

It's interesting Dow:Gold has been a thing for a while now I read. It makes sense I suppose if you think of gold as the safe haven asset and the Dow as the premiere global money machine. Unfortunately trading view only has gold charts going back to the late 60s, so here is a link to a chart dating back to the late 1800s: undervaluedequity.com/wp-content/uploads/2018/05/chart-dow-jones-industrial-average-versus-gold-price-ratio.jpg

Actually the 6month candle on the Dow:Gold looks like it might close as hanging man (weak I'd say), so that ratio might move sideways as happened in the mid 1990s. The Dow:Bitcoin is weekly. I think it's more difficult to say. Maybe an arch as in 2014/15/16? Maybe are shorter retrace as in 2011/13? Maybe something completely different?

The general trend is interesting. Gold is losing to the DJI but Bitcoin has been crushing it. Hope it continues.

コメント

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Here's the dow jones to gold ratio with annotations. looks like rising wedge huh?
Trend AnalysisDJIDOWBTCBitcoin (Cryptocurrency)XAUGoldratio
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Lawrence-Sherif
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Great
RealMcafee
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@lawregy, more bitcoin correction is likely at some point barring strong dow recovery
Jawnclaude
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@barclayjames, I agree with this. Just curious how you back this up. I believe we will see 1200 -1500 btc in the near future.
RealMcafee
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@sbosoy, just based on chart channels, averages and ratios. cumulative average for bitcoin is about 1500 now
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