The image shows a "Capital Rotation Indicator" with a gauge that ranges from 0 to 9, representing different levels of capital rotation evidence (CRE). The gauge has a color-coded scale:
0-5 (Green/Yellow): Indicates no evidence or limited evidence of capital rotation.
6-9 (Red): Signals that capital rotation is confirmed, suggesting a shift in how capital is being allocated in the markets.
Below the gauge, there is a table showing various financial indicators, with some cells marked in red and others in green:
Red Cells: Indicators that suggest a lack of capital rotation evidence.
Green Cells: Indicators that provide evidence of capital rotation.
The indicators include metrics like M2 (money supply), DXY (U.S. Dollar Index), CPI (Consumer Price Index), PPI (Producer Price Index), DJIA (Dow Jones Industrial Average), NYA (NYSE Composite), SPXEW (S&P 500 Equal Weight), SPX (S&P 500), and NDX (Nasdaq 100).
From the image, it appears the gauge is around 6 or 7, suggesting there is significant evidence of capital rotation based on some of the indicators, while others may still not show confirmation.
The rotation is AWAY from stock markets. As you can see in the image, some have already broken down versus gold soon those boxes will be checked off 💯
Submitted October 13, 2024 at 03:24AM by NoFlexZone888 https://ift.tt/Bx7QNdk
