BTC Correlation with S&P500 Soars Over the past month, the correlation between BTC and SPX has...BTC Correlation with S&P500 Soars Over the past month, the correlation between BTC and SPX has increased...

A shortish video discussing current market price action using a lot of the concepts from the Market Frameworks Report series, most specifically, Following the Market’s Footprints: Order Flow Explaine...

RUT/SPX looks very similar to ETH/BTC...V likely RUT moves higher against SPX to the 0.382...

A shortish video discussing current market price action using a lot of the concepts from the Market Frameworks Report series. […]...

SPX, NDX, RTY) have been steadily rising amid these turbulent conditions....However, SPX is rallying out of the lows and appears to be making its first attempt at a reversal; the...September tends to be a challenging month for risk assets, and 2021 proved to be no exception; the SPX...

...little surprise that dollar weakness is giving risk assets a lift – the DXY peaked at the same time the SPX...If we extend the timeline, we find the SPX typically continues to trend higher in the 6-9 months following...the event too.The fact that this happened at a time when the SPX is >10% below its ATH is even more...

At its depths in mid-October, the SPX marked a 25% drawdown from its peak at the start of the year....The SPX also broke below its 200-week SMA in each of the last three recessions (including 2020)....In October, the SPX tested its 200-week SMA before rebounding >10%....peak after the SPX retested its prior high).

Risk On, Risk Off BTC’s correlation to the S&P 500 (SPX) dwindled this month as the index rallied...But as BTC slowed down, its correlation to the SPX slowed, eventually flipping negative, and its correlation...

...traditional markets for a few moments, in “The Chartbook” for January 2022, we noted that the S&P 500 (SPX...The SPX is also in a battle to retake its 200-day SMA; this level (~4460) is just under the key resistance...The S&P 500 also looks vulnerable when looking at longer term momentum gauges; the SPX is flirting...

On the technicals front, we saw an invalidated head & shoulders pattern after the SPX reclaimed 4300...; we’re also seeing a bullish RSI divergence for the U.S. benchmark SPX “death cross” is actually a bullish...

The SPX has printed fresh lows on the year as investors come to terms with this unwind....The next obvious macro structure support is likely 3250-3400 should SPX lose 4000; another leg lower...

The SPX has printed fresh lows on the year as investors come to terms with this unwind....The next obvious macro structure support is likely 3250-3400 should SPX lose 4000; another leg lower...

Sheet) – (RRPs held by the Fed) – (US Treasury Account) When you plot this liquidity index against SPX...Interestingly enough, this relationship exhibits the same correlation of 93% that the USD Liquidity Index and SPX...

We haven’t seen the SPX make a meaningful breakdown below its 200-week MA, but a hard landing could change...We see a similar picture if we compare the SPX price action to its 2000 peak (using the September 2000...peak after the SPX retested its prior high).

Equity markets continue to show resilience and strength, with the SPX grinding to new highs once again...Truth be told, the SPX has been in ‘up only’ mode since global liquidity conditions began reversing course...Since then, the SPX is up about 40%, with BTC up about 160% over the same time period, further cementing...

The 50-day SMA on the SPX is about to cross above its 200-day equivalent, an event known as a Golden...If we extend the timeline, we find the SPX typically continues to trend higher in the 6-9 months following...Notably, the SPX didn’t experience a Golden Cross during its 2000-2002 or 2007-2009 drawdowns, only after...

The SPX is off the lows by nearly 13%, a sizable move for the equity benchmark....This recent rally has seen the SPX come right into higher timeframe resistance.

Risk assets like SPX, NDX, and crypto assets wound up pairing back their initial gains as the market...

When you plot it against SPX over the past two years, the relationship is striking.

...plenty of room to run if the crypto market continues extending its gains.Major equity benchmarks, like SPX...And others are breaking out of their own consolidation patterns, like META.Net futures positioning on SPX...net short positioning.This is also one of the best seasonal periods for equities, especially when the SPX...