The CurrencyShares Japanese Yen (FXY) CurrencyShares Euro (FXE) ratio has broken out for the first time since August 2008. Yikes.
Second chart shows that in terms of the euro, the 2010 move in the S&P 500 looks to be sideways, but the last chart shows the SPDR S&P 500 (SPY) by itself.
SPY Gap Target Reached
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FEEDAnd there it is: we’ve sealed the gap. The bulls have been blasted.
Let’s see if we can do more!
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