it appears the S&P500 & Nikkei-225 are of late, a little lagging.
question is, Is it lagging or Are we witnessing something New?
1 - the FTSE-100, DAX, Goldman Sachs Commodity Index, Hang Seng & Shanghai Composite
are all down showing signs of a possible 4th wave correction - in perfect harmony with the Aud/Usd.
which lines up well with my Short Term & Medium Term Risk Off outlook.
2 - on the other hand, we have the S&P500 & the Nikkei-225, doing their own little tap dance & carrying the Eur/Usd up with their rhythm.
3 - then, to add to this, we have the USD Index back where it was in the last Quarter of 2011.
the USD Index has basically gone nowhere since Dec'2011.
Could the New Quarter/New Month bring with it a New Trend?
Or will all of this fall back into perfect harmony after Friday's NFP-which also happens to be a Market Holiday?
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