Could this be the real time, forward looking indicator that everyone (but traders) is looking for?
The irony, of course, is everyone talks about having a “strong U.S. Dollar“, but based on U.S. exports data and an fairly good history of an inverse relationship with the S&P 500 index of late, that might be the last thing — higher commodities prices aside — they want in the end.
Image Source & Credit
Kimble Charting Solutions
Rally Crasher Close At Hand?