Intermarket – Afraid to Trade

Dollar Recovery Could Shake Commodities

Bycjrosen April 25, 2008

This week, the US Dollar Index has recovered slightly, and price finds itself above key resistance and attempting a new swing high. What might this mean for commodities? First, the US Dollar Index is breaking above a consolidation pattern, which was preceded by a positive momentum divergence. Should price break the $73 level, the next…

Market Education

Stock Market and Gold Correlation

Bycjrosen April 23, 2008

Intermarket analysis is a fascinating branch of market research, and I wanted to show you the performance of gold and the US Stock Market. There’s been an inverse relationship, such that when gold rises, the market is generally falling and vice versa. Gold is traditionally seen as a hedge against inflation, and inflation typically is…