Intermarket Analysis: S&P 500 Index

Intermarket Analysis looks at the relationship between two markets … in this case the S&P 500 Index and a variety of other markets.  The chart below provides a quick S&P 500 Index reference to those intermarket relationships that are currently at extreme levels.  As always … trade at your own risk and analysis.

Chart Overview:

  • Gray Bars (↑) signify an outperforming intermarket relationship between the S&P 500 Index and other markets.
  • The Sell Warning, shown as a square, signifies that the outperforming disparity between the two markets is beginning to weaken.
  • Tan Bars (↓) signify an under performing intermarket relationship between the S&P 500 Index and other markets.
  • The Buy Warning, shown as a circle, signifies that the under performing disparity between the two markets is beginning to reverse.

 

S&P 500 Index Relationship Status:

For a detailed intermarkt chart related to the S&P 500 Index … click on any of the market links below.

S&P 500 Index Menu

(TY) Ten Year Notes
(DX) Dollar Index
(EC) Euro
(CR) CRB Index
(GC) Gold
(HG) Copper
(LB) Lumber
(CL) Crude Oil
(RB) RBOB Gasoline
Depth Gauge

Are the markets bullish or bearish?

Take a closer look at the directional play for all the markets.
Depth Gauge