Interesting, in that it seems to peak before any price pullback.
DOW Dance With 23000 Comes 30 Years After Black Monday...
Edited by Rogerdodger, 18 October 2017 - 09:01 AM.
Posted 18 October 2017 - 08:57 AM
Interesting, in that it seems to peak before any price pullback.
DOW Dance With 23000 Comes 30 Years After Black Monday...
Edited by Rogerdodger, 18 October 2017 - 09:01 AM.
Posted 18 October 2017 - 09:22 AM
The decline seems to happen after the correlation declines under 0.00 from over 0.
I've found that as the correlation coefficient increases from -1, one can often see parabolic rallies first - just as useful.
Great little indicator.