red
And if you go back to 1987 XAO wasn't far behind the DOW, so we could catch up, lol.
Really is a nonsense idea trying to compare.
In the past here we did comparisons adjusted for currency and still it is a nonsense really.
Is the US higher because inflation is more likely there? Does it relect an inevitable fall in USD? Because the US is a basket case, does that mean there is a bigger upside if things improve and some are betting on it. Is China seen as about to bust and our miners about to plummet?
Easier just to trade the technicals and forget the reasonings.
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