Is The Change In S&P 500/US Dollar Relationship Telling Us Something?

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Is The Change In S&P 500/US Dollar Relationship Telling Us Something?

By David Spurr on August 12, 2009 | More Posts By David Spurr | Author's Website

It’s intersting to look what happens to the market after the Dollar Index/S&P 500 (^GSPC) relationship changes.

Lately the dollar has been moving inversely to the stock market. There have been other times where this correlation reverses. I highlighted those turning points with circles.

It’s interesting to note that these peaks represent short term tops or bottoms in the markets.

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