Time to share my bund/dax ratio.
Important is dotted red trendline, when broken previously, bear market started, check dates 20 Nov 2000, 7 Jan 2008.
When weekly candle closed above, it never retraced back below trendline, today is ratio well above trendline with reading around 155.
Macd with dvg turning up, dmi indicating advance of ratio.
Important is dotted red trendline, when broken previously, bear market started, check dates 20 Nov 2000, 7 Jan 2008.
When weekly candle closed above, it never retraced back below trendline, today is ratio well above trendline with reading around 155.
Macd with dvg turning up, dmi indicating advance of ratio.