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I'd say Phill, as a summa cum laude from top 50 universities when I hear ur lack of knowledge in economics and discussing correlations as cause-effect relationships, and not knowing "spurious correlation" from "correlation" I cry.. when I hear EURO is benefiting from the correlation I am like ... Please, don't use words u don't understand.. It doesn't make it more professional... good chart.. good logic.. very poor explanations based on lack of knowledge of economics and statistics..
Dalietos
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You might wan to add to the equation the positive correlation between E6 and J6 futures.. The last might have started the move today..
Very good analysis, and thanks for sharing..