TEB: Correlation weekly trades
The end of the last week is a strong clue to the next week
I have found these 5 are the best to use
T-Bills - Bonds
S & P - Stocks
CL- Oil Futures
CU - Cooper Futures
DX - Usd Futures
Step One: Bond market - Up Bear/ Down Bull (Smartest people in the trading world)
Step Two : Stock market - Up Bull /Down Bear
... Bonds & stocks have to be in line with each other
Step three: Oil & Cooper - In line with each other - Up Bull /Down Bear - in line with Bonds & stocks
Step four: DX (USD futures) -Up Bear/ Down Bull - in line with Bonds, stocks oil & cooper
We see a strong bear market
also the daily DJI & DJT have also broken below lows to confirm a bear market
So I will be looking to Buy Usd, Jpy and maybe the Chf & sell Cad, Aud Nzd - maybe the Eur & Gbp
I will add as the week goes on
The end of the last week is a strong clue to the next week
I have found these 5 are the best to use
T-Bills - Bonds
S & P - Stocks
CL- Oil Futures
CU - Cooper Futures
DX - Usd Futures
Step One: Bond market - Up Bear/ Down Bull (Smartest people in the trading world)
Step Two : Stock market - Up Bull /Down Bear
... Bonds & stocks have to be in line with each other
Step three: Oil & Cooper - In line with each other - Up Bull /Down Bear - in line with Bonds & stocks
Step four: DX (USD futures) -Up Bear/ Down Bull - in line with Bonds, stocks oil & cooper
We see a strong bear market
also the daily DJI & DJT have also broken below lows to confirm a bear market
So I will be looking to Buy Usd, Jpy and maybe the Chf & sell Cad, Aud Nzd - maybe the Eur & Gbp
I will add as the week goes on