Everything should be self explanatory in the chart. Of course - this will work until it doesn't, but for now, it seems like a pretty damn reliable indicator.
The manner which this has historically timed major market tops and bottoms is rather ridiculous. The data speaks for itself to be honest.
- Go long SPY when the Hang Seng Index hits the lower range.
- Sell SPY long and short the Hang Seng Index (hong kong stocks) when the top end of the range is hit.
The manner which this has historically timed major market tops and bottoms is rather ridiculous. The data speaks for itself to be honest.