Commodities vs Dow & Nasdaq
The classic real-assets versus financial-assets signal. Dow / Gold, S&P 500 / Gold and Nasdaq 100 / Gold tell you how much stock market you get for one ounce of gold; a falling ratio means equities are outperforming the commodity (stocks getting relatively more expensive), a rising ratio means the commodity is gaining ground. Oil / S&P 500 is the energy-vs-equities tension gauge.
Source: daily closes from Yahoo Finance (^DJI, SPY, QQQ; front-month commodity futures) streamed live through the site's /api/ohlc proxy — no build-time data dump, refreshed hourly. Chart rendered with TradingView's Lightweight Charts. Not investment advice.