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SPY/USO/VXX/GLD/SLV Ratio 4/18/2016 (Short-Term View)

SPY/USO/VXX/GLD/SLV  
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SPY/USO/VXX/GLD/SLV  
SPDR S&P 500 ETF (SPY) SPX (S&P 500 Index) S&P 500 (SPX500) Stocks Equity usstocks usequities USO crude brent WTI Oil Crude Oil GAS VXX VIX CBOE Volatility Index VIXY_ UVXY TVIX volitility volitilityindex GLD Gold SLV Silver preciousmetals XAUUSD XAG USD ( Silver / US Dollar)
0
0
spy spx spx500 stocks equity usstocks usequities uso crude brent wti oil crudeoil gas vxx vix vixy_ uvxy tvix volitility volitilityindex gld gold slv silver preciousmetals xauusd xagusd
There is giant rising wedge forming. This ratio seems to indicate the aggregate perception of the US economy - the higher the better. As you can see in August 2015, there was a huge leg down which was unprecedented in this chart.

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SPY/USO/VXX/GLD/SLV Ratio 4/18/2016 (All-Time View)
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