Correlation of all the US Indices: Today, the NASDAQ Composite

printed a new All Time High. The DO, SPX, and R2000 are still lagging behind. In an effort to understand if it is possible for the NASDAQ to print an ATH while the other indices continue to make lower lows, I overlay all the indices on a single chart. The correlation is almost 100%. With this, I am 99% sure that the DOW and the other indices will eventually make their ATH.

הערה:

In 2000, there was rotation between the DOW, SPX, and NASDAQ with tops printed on three different dates but the fac is all three indices printed ATHs within 3 months.

הערה:

ATHS printed by all 4 indices on 1/26/2018

הערה:

During the 2016 correction, all 4 indices bottomed on the same day.

הערה:

In the topping action in 2015, all 4 indices printed ATHs within 2 months of each other and all bottomed on the same day.

הערה:

In the 2011 correction, all 4 indices topped on the same day and bottomed on the same day.

הערה:

In 2007/2008/2009, all indices printed ATHs within 3 week of each other in October 2007 and all 4 indices bottomed on the same day in March 2009.

הערה:

Following the 9/11 attacks, all 3 indices bottomed on the same day twice and the same week once.

הערה:

In 2015, the indices were also found walking in tandem.