DOW-TO-GOLD RATIO

The Long-Term Trend (Monthly values) started to move in a positive (favorable to S&P500), with momentum turning positive. Closing Value (December 31): 203.60.
The Medium-Term Trend (Weekly values) is increasing (favorable to S&P500), but it is slowing down as the positive momentum is weakening. Closing Value (January 3): 200.74.
The Short-Term Trend (Daily values) is decreasing (favorable to Silver) at a slow pace, maintaining negative momentum. Closing Value (January 3): 200.74.