piloteiat

piloteiat

Look also at NLR and UX1! - uranium futures.

piloteiat

Look at this ratio- if this is bottom than a new bull market could begin - big caps should only start to rise faster as small caps. SOME CORRECTION FROM TIME TO TIME IS HEALTHY:)

piloteiat

Correlation is at the top, momentum is waning. Ratio chart has some decent support at the horizontal line.

piloteiat

If this one goes higher this could get ugly for the dollar and still uglier for the bears. Correlation with SPY is very high.

piloteiat

Very low volume - leaning more to further downside, what would mean that euro stocks spike higher.

piloteiat

If index goes higher next important level of resistance would be in 1815-1822 range. Look also at weekly chart.

piloteiat

This ratio today broke down through monthly fib level an daily trend line (look at daily chart). For downward continuation index must rise faster as currency pair. Both are overextended, so lets see what will happen at tomorrows fed day.

piloteiat

short vs. longer term volatility - look at EMA 13 for clues- spike higher in index could be sold easily.