August 20 2016
Has strong or weak US Dollar affect the stock market? I don’t know. But, when dollar is weak, the tendency is there is a increase in gold investment, vise verse. Please continue to observe.
Today, we are looking at the market in a broad sense, general direction.
S&P 500 Daily Chart
S&P has brake out off a critical level. The level was tested many times.
August 19, 2016 S&P 500 Daily Chart
Volatility S&P 500 Daily Chart
When ^VIX decline, there is a possibility that the S&P 500 will be rally. Watch out. There seems to have some correlationship.
August 19, 2016 Volatility S&P 500 Daily Chart
Picture worth a thousand words. See chart for details. Have fun!
Moses
AmiBrokerAcademy.com
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