Been very constructive with 2012 p/a. local adjustments (data, c/a, cb minutes) and relief rally from oversold, moving into Sell in May and go away events that lasts until fall, it matches up with a lot of other analogs across different asset classes from currencies, equities and commodities.. Plus => sentiment... people get really bearish way too early.. still,...
Leaning short, very small now, but adding on more red candle confirmation on lower timeframes. Most likely some chop here, length of chop mostly depend on NZDUSD and AUDNZD over/underperformance, but any red daily's here.. and it's fully on to the downside.
1961 has increased the most, 1971 second, and 1943 third.
This is calculated but running a daily weekly & average correlation on every year since 1887 Dow jones industrial average index data. And comparing it to the current year.
Note: In total the highest correlation is still 1965. but what this shows is the rate of % chg increase in correlation with other years,...
Eurodollar futures further out the curve seem to indicate the FED moving goalposts or changing their policy tweaking it a bit.
Towards lower rates for longer.
When Eurodollar contracts go higher, rates go lower.
This is the Eurodollar DEC 2017 contracts