Don't Ignore This Chart

Dollar and S&P 500 Continue Negative Correlation


The Dollar and the S&P 500 have been negatively correlated since April 2010. The chart below shows three big swings with the Dollar and S&P 500 moving in opposite directions. After a long advance in stocks and decline in the Dollar, stocks peaked and the Dollar bottomed at the beginning of May.

Click this image for a live chart

Arthur Hill
About the author: , CMT, is a Senior Technical Analyst at He has written articles for numerous financial publications including Barrons and Stocks & Commodities magazine. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed technician. In addition to his CMT designation, Arthur holds an MBA from the Cass Business School at City University in London. Learn More
Subscribe to Don't Ignore This Chart to be notified whenever a new post is added to this blog!
comments powered by Disqus