This chart took some homework. Illustrates Euro and dollar inverted relationship and same, time periods. Note the timing of the vertical lines red, gold, blue, green. The same, yet similar to 2008. This last V and up shot of SPY is false move. Relationally... EURUSD slamming into long term support, and USDJPY slamming into long term resistance. THE inversion preceaded the SPY correction in 2008. My nickname here is THE GOLDEN CROSS, the gold vertical, where the two red (tried gold color but could not see them) arrows cross. I believe the SPY will react when the two pairs bounce off their long term resistance and support. Sometimes I work on these theories and nothing comes of it, hours wasted, and sometimes something appears , like this. I know I am less traditional than most of you but. My theory, the known algorythms are KNOWN BY most everyone. But the pivots points come when least expected, and less known. So looking for things most don't see. Not always right, like I said, mostly waste of time, but have profttted when there are indicators to support, i.e. Note the RSI of the EURUSD rising while price declining still. Somethings got to give.