Velice mě potěšilo že nejsem jediný kdo si toho všimnul :D
tokyowhale
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wtf this is madness... i wonder when other countries will drop usa dollar
cryptogoon
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What am I looking at on left side? Looks same as right side?
rickyrt
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@cryptogoon, tricky one he has adjusted the SPX price for M2 money supply - so left side he has divided SPX price by the increase by M2 which has been increasing over the period of from the recent high to the recent low. Right side is without adjustment. M2 was 15520 at the high, then currently at 16298 if you press play. So 16298 minus 15220 = 1,078. Divide this by 16298, gives about 6%. He has then shown on the chart the 50% fib needs moving by 5%. Which means if you go by the chart on the left SPX/M2 the 50% fib will be at 0.45. The non adjusted chart for the SPX the 50% fib would be at 0.55 because index prices are in USD. This 5% makes a big difference. A lot of people think the 50% fib was broken so went long. But in fact it was higher. A 50% retracement in a bear market would normally be a great place to open a short. So the significance of that 5% cannot be underestimated. It also explains why the markets droppped today. Hope that makes sense, it is analysis worth explaining. FilbFilb is really quite a genius, but does't reply to comments so often unfortuneately.
cryptogoon
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@rickyrt, awesome, thanks very much for the explanation boss!!
elpokor
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HAHA BRRR!
kaka900
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This doesn't make sense. $1 is still $1. What you could buy for $1 month ago before they started printing rapidly still costs $1. Dividing some random numbers to look smart is 2020 thing?
alenngk
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@kaka900, agreed, I will be better to convert it to the deflation komodities that to printed money