$SPX, ETF's, gold, oil... and some momentum stocks.

Tyren · Dec 7, 2006

Quote from TorontoTrader2:

Are you saying thay Oil wil go down into December?

I only marked the FTSE-chart when oil had a free fall on 1-25sept and FTSE has more oil-stocks than S&P500, and FTSE did go down 1-25sept as the astro said stockmarkets should do.
S&P500 should normally have been down 1-25.sept..
FTSE is a more "correct" index when oil has a ab-normal free fall. And 16.nov-3.dec the us-dollar had a free fall, so the FTSE was more correct here too.

Tyren · Dec 7, 2006

Quote from Tuneman:

and why are you comparing it to FXE?

FXE is the ETF for EUR/USD.

My observations over time :
TLT(bonds) and FXE have a 2-4 days lead on S&P500.
$BKX has a 1-2 days lead and is the most important leader.

70-90% correct.

Use it with 1-4 days patterns.

Tyren · Dec 9, 2006

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Tyren · Dec 9, 2006

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Tyren · Dec 10, 2006

Well, you see BP(New York) vs. BP.L(London) how much the USD can mean.

Tyren · Dec 10, 2006

I looked back at the astro major low friday 22.sept - monday 25.sept. in my archive..
It was the 2 day FXE and TLT lead here :
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(There are some norwegian words on the charts...)

Tyren · Dec 10, 2006

Ok... $SPX and EUR/USD do very often reverse to mean as a pair. It does not matter that I'm talking about this because 80-90% will not research this anyway.

One other thing I have observed is when FXE does a big "gap", $SPX seems to follow 30-40 min after open as you see on 3nov and 7nov. :
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Tyren · Dec 10, 2006

Her comes this weeks price-action. Very often $SPX moves to 10:00-10:20 makes a pullback to 10:40-10:50 and then moves in the direction of the first 30-50 min., or 10:00-10:20 is the pivot of the day. Look also at the FXE-gap 8.dec., and $SPX follows 40 min later.
But FXE closed very weak.
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Charly · Dec 11, 2006

Quote from Tyren:

I looked back at the astro major low friday 22.sept - monday 25.sept. in my archive..
It was the 2 day FXE and TLT lead here :
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(There are some norwegian words on the charts...)

Very interesting comparisons!!

Did you discover any "firm" rule for the
question: who leads??
(hen or egg - which one was/is first?)

Charly

Tyren · Dec 11, 2006

Quote from Charly:

Very interesting comparisons!!

Did you discover any "firm" rule for the
question: who leads??
(hen or egg - which one was/is first?)

Charly

I think FXE and TLT leads $SPX.
But it does not matter to much because I think that EUR/USD and S&P500 act as a pair as in pair-trading :
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