Where are we now.
I made a small spreadsheet referencing SP500/XJO as they have historically kept pace with each other in a effort to see how the sentiment factor is running.
Data taken from Feb Lows to April Highs.
Given XJO 4735 would be a close comparison ATM.
Bearish overtones with bullish undertones.
Could be the link with CN/Proposed Resource Tax/Euro and general distrust with market behaviour.
Interestingly lows had a .236 relationship?
Good Trades all.
P.
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