by Chris Kimble | Jun 30, 2012 | Kimble Charting
On 6/7 a reliable currency indicator was suggesting the S&P 500 was at a low and could rally as much as 13% , in the chart below. (see post here) Prior to calling for this rally, the currency ratio had called for a 7% decline, and the markets followed...
by Chris Kimble | Jun 7, 2012 | Kimble Charting
The Australian $/U.S.$ ratio has a decent track record for future S&P 500 moves. On 3/29 this currency ratio was suggesting at least a 7% decline in the S&P 500 should take place (see 7% decline posting) and the S&P 500 declined a little more...
by Chris Kimble | Jun 5, 2012 | Kimble Charting
A breakdown of support in the Australian Dollar/U.S. Dollar ratio has led to three declines of 8%, 18% and 7% in the past 12 months! Shared the chart below with Premium members on 3/14 and on the blog March 29th, within 1% of the 2012...
by Chris Kimble | Mar 29, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE Shared the above chart with Premium Members on 3/14, reflecting that each time the Australian Dollar/U.S. Dollar ratio broke support over the past 10 months, the S&P 500 fell at least 7% in value. Below is an update to this...
