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SPX - DJT - CORRELATION CONFIRMATION - DEMAND IS NOT THERE!

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S&P 500 Index (SP:SPX)  
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SP:SPX   S&P 500 Index
Trend Analysis Fundamental Analysis S&P 500 (SPX500) djt djtransport slowdown decreaseindemand dropping demandandsuppy short
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trendanalysis fundamental spx500 djt djtransport slowdown decreaseindemand dropping demandandsuppy short
SPX - DJT -CORRELATION CONFIRMATION - DEMAND IS NOT THERE!

The SPX and DJT are highly correlated, this is to say that the correlation indicates the underlying demand for goods requiring transportation. In a previous chart using the same tickers I showed you that there was no confirmation of an economic 'slowdown', this time we do!

NOTE where I have made notations. The previous confirmation was Februray, 2020 - need I say anymore.


** NOT FINANCIAL ADVICE **

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