Patterns present themselves in the strangest of ways. Sometimes they mean something and other times they mean nothing. There is a fine line between pattern and coincidence.
Here is the S&P-500 with USOIL to compare previous cycles. As the chart presents, each time there has been a significant deviation from the current trend in USOIL it has resulted in a Recession. I have marked the last 3 times in the chart. In total it has happened 6 times since the 1970s.
We are merely down 14% at its bottom in comparison to 20-50% in the past.
Pay close attention to each divergence shown in the chart.
Is this time going to be different?
Here is the S&P-500 with USOIL to compare previous cycles. As the chart presents, each time there has been a significant deviation from the current trend in USOIL it has resulted in a Recession. I have marked the last 3 times in the chart. In total it has happened 6 times since the 1970s.
We are merely down 14% at its bottom in comparison to 20-50% in the past.
Pay close attention to each divergence shown in the chart.
Is this time going to be different?
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La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no pretenden ser, ni constituyen, asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.