SPX500/DXY

FXCM

FX:SPX500/TVC:DXY

Chief_Tardis 205 views ・

Notes on chart and previous chart I published

Chief_Tardis 120 views ・

Notes on chart - we hit a level today that sets the stage for the "BREXIT" vote.....a push could occur over that line taking on new levels...I will add a daily chart to show the same thing and link it here

JoelAdams00 76 views ・

I'm sure this isn't a valid chart but it shows us that a lot of the strength in the last week has actually been from the dollar weakening vs other currencies.

timwest 1980 views ・

The S&P500-0.05% , as viewed from the world by adjusting the S&P500-0.05% by the US Dollar-0.08% , had its 4th BEAR MARKET since the peak in 1999. I said "HAD" because the current rally has broken the 50% speed line of the decline, which is a simple way to measure the end of any trend. The world may not exactly look at the market this way, but since the...

Battleaxe 84 views ・

The S&P topped in June 2014, not May 2015, when variance in the international value of the dollar is considered. It should continue lower until the end of this year. It is interesting how this correlation has remained in straight channels up and down since at least the early 1990s.

Battleaxe 149 views ・

Any correlation that produces straight lines interests me. This one is intriguing. You'd think that if the dollar is up the market may be that much more down, but not necessarily so. The dollar was strong in 2000-2001 and again now, but not so much in 2007-2008. But dividing the S&P by the dollar index produces a perfectly straight line through all 3 tops. So for...