It is very interesting to see $BTC correlating opposite to $SPX right now after months of somewhat correlated directional movement.
$XAU $GOLD seems to be correlated from a directional point of view currently. Typically, this makes sense short term, as a recession move in $SPX tends to drag commodities down with it short term.
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It is very interesting to see $BTC correlating opposite to $SPX right now after months of somewhat correlated directional movement.
$XAU $GOLD seems to be correlated from a directional point of view currently. Typically, this makes sense short term, as a recession move in $SPX tends to drag commodities down with it short term.