Let's see that the nasdaq index is excessively inflated, eliminating the effects of factors such as excess liquidity in the market and interest rates, and comparing it with the dow30 index. NOTE: the commodity being high is a bit of a disadvantage for the dow30 index. this situation may have increased this rate a little extra.
Let's see that the nasdaq index is excessively inflated, eliminating the effects of factors such as excess liquidity in the market and interest rates, and comparing it with the dow30 index. NOTE: the commodity being high is a bit of a disadvantage for the dow30 index.
The gold price chart (gold/usd*dxy/100), created by eliminating the fluctuation in the dollar index, is in an upward trend on average. also, gold is at very low levels when compared to the combined commodity index.
The oil price adjusted for dxy absorbs the volatility of the dollar index. The chart was created by formulating the price as UK OIL*DXY/100. Although the oil cartel paid positive swaps for the buy positions, prices seem to be under pressure of down trendline.