Guest Alex Cole of GoNoGo Charts shares his S&P 500 chart and why the agriculture space deserves another look.
Host David Keller, CMT answers viewer questions on correlations, relative strength, market top signals and the relationship between gold, the US Dollar and emerging markets.
00:00 – Intro
03:39 – Market Recap
13:16 – Alex Cole
20:17 – Mailbag, Q1: When stock picking & looking at correlation, is is better to use an ETF or an appropriate S&P 500 group?
22:39 – Q2: What did you see in the S&P and/or indicators that would have told you to exit or take profits prior to the 11/24/21 close?
24:53 – Q3: It appears that a rising U.S. Dollar is a headwind for precious metal prices. Does this general rule also apply to the relationship between the U.S. Dollar and emerging markets?
26:46 – 3 in 3: S&P Bullish Percent index ($BPSPX), United Parcel Service (UPS), Chevron (CVX)
Email – thefinalbar@stockcharts.com Twitter – https://twitter.com/FinalBarSCTV Blog – https://schrts.co/WDKzPhTD @Finalbarsctv
LEARN MORE ABOUT THE GONOGO ACP PLUGIN
Free Starter Plugin: https://schrts.co/eusTWbIv
Full-Featured Plugin Pack: https://schrts.co/eedGrjvJ