Two sources, one signal
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GLOVIZ picked Brent crude oil price from FRED, Federal Reserve Bank of St. Louis and WTI crude oil price from FRED, Federal Reserve Bank of St. Louis: two institutions, two measurement programmes, one signal. The pair qualifies because the changes move together, not just the trends, with r = 0.991 over 9,874 matched observations. Coincidences are filtered on the correlation board.
Brent crude oil price and WTI crude oil priceFRED, Federal Reserve Bank of St. Louis against FRED, Federal Reserve Bank of St. Louis · Insights opens on load
Sources: FRED, Federal Reserve Bank of St. Louis, FRED, Federal Reserve Bank of St. Louis
The same two, plotted against each other9874 matched points · trend line open
Sources: FRED, Federal Reserve Bank of St. Louis, FRED, Federal Reserve Bank of St. Louis