As I posted earlier, the direct relationship between the Dow and the Euro seems to have ended. This is further evidenced by the fact that there is a “NO TREND DISCERNIBLE” read on the EURO. It will be interesting to see if that relationship is reestablished with the EURO going into an UPTREND status and the DOW seeking a bottom. Remember, the DOWNTREND read on the EURO lasted over 130 business days.
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