Tuesday, October 12, 2010

US dollar and the market 5 min intraday chart

US dollar index

S&P500


This is the 5 min chart of the dollar and the SnP500. Look at that move. When the dollar goes up the market come down, when the dollar goes down the market come up.

Right now we are seeing that the dollar are getting weaker, and look at the up move on the 5 min chart of the SnP500.