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SPDR S&P 500 ETF TRUST
Short
Updated

SPY DXY Wyckoff Correlation: SPY Distributing DXY Accumulating

489
Chart to compare SPY/DXY to its inverse DXY/SPY to convey Short SPY and Long DXY (published as Short SPY).
  • SPY/DXY: White price line in Wyckoff Distribution phase corresponds to rising yellow channel and to yellow vertical lines and text.
  • DXY/SPY: Blue price line in Wyckoff Accumulation phase corresponds to falling orange channel and to orange vertical lines and text.
  • Pink vertical lines correspond to times when the Wyckoff phases of each pair coincide.
  • Note the volume indicator: the white vertical lines indicate similar points of interaction between orange and teal bands.
Note
Might be more accurate for me to have put PS and PSY together on 1 June ‘98.
Teklologist
Chart PatternsDXYTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortSPDR S&P 500 ETF (SPY) Trend Analysis

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Chart PatternsDXYTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortSPDR S&P 500 ETF (SPY) Trend Analysis
Teklologist

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.