It’s that time again. I have a mystery chart that I think is worth paying attention to. As always with these, I took out the y-axis and all labels to eliminate any biases. Remember, the idea is not to guess what this actually is (although most of you guys can’t help yourselves). The point of this exercise is to think about what you would do?
This can be a Stock, ETF, Commodity, Currency, Index, Ratio, etc. What do you want to do here? Buy, Sell or Do Nothing? [Read more…]