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$SPX/USD Juxtaposition
Time to trade FX? Scayry to see Negative Divergence in the USD relative to it's 200ema.Relative to this S&P 500 and US Dollar Inverse Relationship, if the Dollar retraces towards it's own 200ema, it could potentially send the indices down through it's own 200ema.
The question is, what is the U.S. willing to sacrifice? A strong currency, or a strong economy?
Monday, September 7, 2009
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