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Friday, May 17, 2024

Different….yet they look alike!

Courtesy of Chris Kimble

 The 6-pack below reflects DIFFERENT MARKETS from around the world….yet they very much have LOOK ALIKE PATTERNS!

 

CLICK ON CHART TO ENLARGE

This 6-pack is a great reflection of how correlated the worlds markets have become.  Some of the markets are on opposite sides of the planet, yet their patterns/resistance lines look very much the same. 

This is a good example that “correlation risk” remains high!

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