Thoughts? Delta of the trailing 13 week ratio of lumber to gold
price as an indicator preceding market drawdowns. If we get another
dump week in lumber that rate of change will head towards 0...
All I see are Lumber and Gold.
Why?
Nearly every major crash, correction, and bear markets has historically been preceded by weakness in Lumber relative to Gold.
Chart of Lumber to Gold ratio. I read the research paper foody
lknked to. So this guy says, wait a month or two or two after a
peak in this ratio and market declines happen. Well, looks like it
peaked about a week into April so risk off should begin soon
then.
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Lumber:Gold Ratio
Posted by foody518 on 11th of Jun 2021 at 08:43 pm
https://mobile.twitter.com/leadlagreport/status/1401011953099841536?s=19
Thoughts? Delta of the trailing 13 week ratio of lumber to gold price as an indicator preceding market drawdowns. If we get another dump week in lumber that rate of change will head towards 0...
Lumber:Gold Ratio
Posted by steve101 on 12th of Jun 2021 at 09:51 am
https://stockcharts.com/h-sc/ui?s=%24LUMBER%3AGLD&p=W&yr=5&mn=0&dy=0&id=p75174816209
Chart of Lumber to Gold ratio. I read the research paper foody lknked to. So this guy says, wait a month or two or two after a peak in this ratio and market declines happen. Well, looks like it peaked about a week into April so risk off should begin soon then.