AI
Wednesday, November 09, 2011 10:23:02 AM
Euro vs SPY
Euro at 1.35 is equal to where SPY was at 115. Interesting that the SPY slide started end of July where Euro slide started end of August? Notice that both had the same bottom in October, and perhaps now both the same top end of October? Will see if the Euro gets into the trading range 135-140 or breaks down at 135. SPY trading range most likely 120-125 unless the Euro breaks below 135 then potential is 115-120, we shall see.
Euro at 1.35 is equal to where SPY was at 115. Interesting that the SPY slide started end of July where Euro slide started end of August? Notice that both had the same bottom in October, and perhaps now both the same top end of October? Will see if the Euro gets into the trading range 135-140 or breaks down at 135. SPY trading range most likely 120-125 unless the Euro breaks below 135 then potential is 115-120, we shall see.
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
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