What you see here is a ratio of SPX vs. the M2 Money Supply. Many inverse head and shoulders patterns in this chart, which should resolve to the upside.
FYI -
M1 = coins and currency in circulation + checkable (demand) deposit + traveler's checks. M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits.
tldr; The FED is likely to continue printing money, creating a massive bubble and ultimately lead us into a crisis sometime this decade.
#CancelTheFED
FYI -
M1 = coins and currency in circulation + checkable (demand) deposit + traveler's checks. M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits.
tldr; The FED is likely to continue printing money, creating a massive bubble and ultimately lead us into a crisis sometime this decade.
#CancelTheFED
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.