Oldfluffy, Helsyd, re both US indices **and** pog going up at the same time: TheTechnicalTraders.com (free newsletter) suggests that it reflects a global "flight to safety", with both gold and US stocks/USD being the recipient. He also suggests that the US indices are peaking and this flight will be to USD/Bonds & Gold. He also has a paid for newsletter, to which I don't subscribe, but the free one seems to make sense.
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- Day Trader’s Weekend Aftermarket Lounge 21-23 Feb 2020
Day Trader’s Weekend Aftermarket Lounge 21-23 Feb 2020, page-165
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