M2 Money Stock
Short

M2SL/SPX

233
This is M2 money supply divided by SPX. The value is at the channel resistance and at 2000 peak horizontal resistance. I think right now is the wrong time for a major breakout. RSI divergence imply that we may see a reversal monthly candle with a long wick in May.
This idea is short for SPX. The value on this chart is supposed to go up.

Aviso legal

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