A good deal of the time the U.S. Dollar and the S&P 500 move in opposite directions, acting like the are on a “Teeter Totter!”

They haven’t exactly moved in opposite directions over the past 7 months as the 500 index is up 22% and the U.S. Dollar is up 1.7%-


Trading stocks, based upon what the U.S. Dollars action will be, has been a disappointing strategy over the past 7 months due to a lack of inverse correlation between the Dollar and S&P 500.  Now the Dollar is facing a resistance zone for the third time, since last 2010.

It wouldn’t surprise me a bit to see the “Teeter Totter/Non-Correlation” effect come back if enough buyers get together and push the Dollar past the resistance zone highlighted above!

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past