TradingView
dharmatech
Feb 6, 2023 10:26 AM

Global Net Liquidity - SPX Fair Value 

SP:SPX1D
S&P 500SP

Description

⋅
This is similar to the SPX Fair Value Bands indicator.

It currently only displays the fair value.

The original SPX Fair Value formula only includes the Fed balance sheet data.

This indicator incorporates the following central bank assets:

Fed
Japan
China
UK
ECB

This is currently experimental. Feel free to explore using different formula constants.

Release Notes

⋅
Add fair value bands.

Release Notes

⋅
Previous update had DJG values.

Update for SPX values.
Bands and ChannelsFundamental AnalysisSPX (S&P 500 Index)Macroeconomic Analysis And Trading Ideasnetliquidity
Comments
chris_fortune
⋅
Are you sure that the data scope is normalized? Some of these are in billions vs trillions.
talkbaktalk
⋅
I'm glad you didn't offset the liquidity in time like some of the other tools. I don't know about including liquidity from around the world; it does make sense. Had to reset the color scheme, it was too colorful for me. Nice job!
More