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dharmatech

SPX Fair Value Bands WSHOSHO

dharmatech Updated   
Bands and Channels SPX (S&P 500 Index) fairvalue fed netliquidity
151
3
bandsandchannels spx fairvalue fed netliquidity
This is a variation of the SPX Fair Value Bands indicator which uses WSHOSHO instead of WALCL.

WSHOSHO only includes the 'Securities Held Outright' portion of the Fed balance sheet. This effectively eliminates the portions related to BTFP (Bank Term Funding Program).
Release Notes:
Raise the lower band.

Instead of -300, use -200.
Open-source script

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