someone i tend to agree with has this to say..........
i guess after him being a trader for 46 years we should listen................
and, i must admit, as only being relatively new, i'm seeing the same kind of thing.............
from Peter L Brandt.............
I am NOT a believer in being a chart-book economist seeking multi-market narratives
"If market X does this, then market should to that and market Z should do such and such."
This thinking is utter nonsense for swing traders. Instead, judge each market on merits of own chart.
Through my 46 yrs. trading I have seen MANY sacred correlations come and go
Gold v. Yen or USD or stocks
Silver vs. Gold
Interest rates v. stocks or Gold
BTC v. whatever
Et al
When these correlations come to an end, they often end dramatically
Study each market with its own chart
https://mobile.twitter.com/PeterLBrandt/status/1368587288930828288
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