/biz/ - Business & Finance

>>9964925
so lets try this futures spread thing with silver now

seems much less clear than the crude oil one. the spread is nowhere near as wide. it is pointed downward right now, but it also seems to be inching ever so quietly up. perhaps this could mean that futures traders are anticipating silver will fall into next year on continued hikes. im saying its got another leg down in the near term though.

im gonna try gold since its more heavily traded and see if it has a clearer signal for me. not too often when silver breaks free of gold crashing. im sure itll follow

>>9965024
>This chart is practically meaningless
i bet. idk wat im doing. im just testing out this type of shit to compare things that i normally wouldnt think of, then posting it with a guess so that i can check back in a few days and see if it was accurate. the spread charts for futures seem to be pretty handy so far though.

what it DOES mean is that IWM has been outperforming the SPY this year so far. but any old retard couldve told ya that. now if i had this chart at the beginning of the year, it mightve come in handy. but im not too worried about it. just trying to test some charting ideas out w out putting real money down