mongombolo's - crash or crash through tuesday, page-154

Further to the AUD/USD and XJO question.

I don't use the currency as a primary indicator. The index chart remains the best guide - looked at from three time frames. (Monthly, weekly, daily).

I use intermarket analysis as background information - making sure that everything is in sync. (e.g., currency, gold:crb, treasury yield, sector analysis, copper, and so on). These are not Holy Grails giving you some lead on the rest of the market. They are secondary guides.

Sometimes these do lead - but in the long run they all need to be in sync - otherwise something is "wrong". And one needs to keep a careful eye on the primary indicator, the index chart.

Good luck
Redbacka