SPX - DJT - CORRELATION CONFIRMATION - DEMAND IS NOT THERE!
SPX - DJT -CORRELATION CONFIRMATION - DEMAND IS NOT THERE!
The SPX and DJT are highly correlated, this is to say that the correlation indicates the underlying demand for goods requiring transportation. In a previous chart using the same tickers I showed you that there was no confirmation of an economic 'slowdown', this time we do!
NOTE where I have made notations. The previous confirmation was Februray, 2020 - need I say anymore.
** NOT FINANCIAL ADVICE **
The SPX and DJT are highly correlated, this is to say that the correlation indicates the underlying demand for goods requiring transportation. In a previous chart using the same tickers I showed you that there was no confirmation of an economic 'slowdown', this time we do!
NOTE where I have made notations. The previous confirmation was Februray, 2020 - need I say anymore.
** NOT FINANCIAL ADVICE **
