A comparison of the S&P 500 to The EUR/USD just to get an idea where the trend is. As you can see the S&P 500 pattern is the same as the EUR/USD . By checking the S&P 500 you can get an idea where the trend is moving with the EUR/USD I hope to set up my next chart on a trade method for this sometime today.
I' ve been looking at MainStInvesting chart on the S&P 500 and he suggest that the trend will be moving in the sell direction for the new month. I agree with this.
Here is a link on Dow Theory www.informedtrades.c...1964-dow-theory.html
I' ve been looking at MainStInvesting chart on the S&P 500 and he suggest that the trend will be moving in the sell direction for the new month. I agree with this.
Here is a link on Dow Theory www.informedtrades.c...1964-dow-theory.html