It seams fundamentals in USA mean nothing any more, its all about the rumor mill out of Europe. The EURUSD or the FXE is leading the way. We had better check Euro cycles then, to see which trend to take a bite out of next!
Maybe a push up to 1.40 on the FXE, this in line with the expect dubious push up in stocks on the SP500 to maybe 1250-1270. Of course this makes the cycle swing down on the FXE very interesting.
Members: This cycle fits with our story described in this post Seven SP500 bear market trades that won
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