Macro Liquidity Gap

The CandelaCharts - Macro Liquidity Gap measures the divergence between the true growth of global money supply and a selected market index (defaulting to the S&P 500).

By dynamically tracking liquidity injections from the world's major central banks—and converting them to USD in real-time—it identifies macroeconomic imbalances where the market may be fundamentally oversold or overbought relative to the actual capital circulating in the financial system.