pwillow1, Thank you for your answer. But,
I still don't get it. Forgive my ignorance. My understanding if you divide an index in US$ with a US$, it is still an index in US$. So cannot explain 100% vs 70%. This a huge 30% difference.
The analogy I can think of is 1000/1=700.
I cannot get it. Well, you don't need answer this.
Nowadays I don't get involved too much charts or maths. 5th grade maths is good for me.
There are far more big influences need to pay attention to. I just need to focus on historical patterns, and guess how the Fed want to get out of this mess.
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