SPX & Gold Relative to Thomson Reuters Core Commodity CRB Index | July 12, 2024 | Klarenbach Research

July 19, 2024

Today's video starts with an analysis of the SPX and gold relative to the TRJEFFCRB Index. We first examine the SPX/TRJEFFCRB ratio, highlighting the S&P 500's performance against the commodity index. Next, we assess gold's position through the GC1!/TRJEFFCRB ratio. Finally, an Elliott Wave analysis of the SPX/TRJEFFCRB ratio is presented to forecast potential market trends.