Late Night Correlation Update (SPY)
|All 1 min charts|
As you can see we have all the major products which move our overnight markets in nearly perfect harmony tonight… To the left you see silver futures, dollar futures, gold futures, S&P futures, and AUDJPY…
Of course the dollar is up .42% which is pushing down on told which fell through 1395 support..ES_F is hanging by a thread at 1221, though the real support line in the sand is 1220.
As for the AUD/JPY the correlation tie to US equities is very much intact.. a test of 82.40 failed… support is 82….