tag:blogger.com,1999:blog-27784316.post2462185821302817128..comments2023-09-06T03:23:43.027-07:00Comments on I AM A FUTURES TRADER: Chris Johnstonhttp://www.blogger.com/profile/01542415946929766288noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-27784316.post-73782418484307586512011-10-08T08:27:05.109-07:002011-10-08T08:27:05.109-07:00To me it is obvious stocks move first then the dol...To me it is obvious stocks move first then the dollar follows, I have seen it time and time again on intra day charts. The dollar is not leading stocks, it is reacting to them. I don't know why some very smart people don't see this, so many are claiming the opposite is happening.<br /><br />It is not in the dataChris Johnstonhttps://www.blogger.com/profile/01542415946929766288noreply@blogger.comtag:blogger.com,1999:blog-27784316.post-90780051848851566682011-10-07T08:14:14.113-07:002011-10-07T08:14:14.113-07:00DXY needs a shake down and often the shake downs a...DXY needs a shake down and often the shake downs are brutal. Look back in 2008 after the intial move up. The dollar gave up a good portion of the intial up move and the stock market fell apart propelling the dollar up on margin unwinds. So you are absolutely correct that it is running strictly on stock performance.<br /><br />2011 dollar vs. SPY<br /><br />http://stockcharts.com/c-sc/sc?s=SPY&p=D&b=6&g=0&i=t24856630900&r=1726<br /><br />2008 dollar shake down followed by dollar mooonshot in stock panic:<br /><br />http://stockcharts.com/c-sc/sc?s=SPY&p=D&st=2008-01-01&en=2008-12-31&i=t83452310087&r=2125Anonymousnoreply@blogger.com