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.
This idea is short for SPX. The value on this chart is supposed to go up.
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