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Thread: Best Quarterly Outlook I’ve Seen In Years - July 1, 2011

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  1. #1
    Thanks a lot Billy.

    Yes, Bob. I want to complement SPY and IWM support and resistance levels with FX levels. This rally kicked off when USDCAD moved right up its 50ma on weekly timeframe. Of course 20DMF has detected course direction even before.

    Although in the future the relationship and correlation between dollar, euro and equities may change (I'm reading about structural inflation down the road), for now it may prove useful.
    Your chart is really loaded... I'll have to study it on weekend.
    Last edited by Andrei; 07-01-2011 at 12:36 PM.

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