S&P 500 Chart – February 5, 2010
I charted the S&P 500 (SPX) after the markets closed on Friday, February 5, 2010 with the SPX at 1,066.19.
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Comment by Forex Trader
So then do you think the USD still moves opposite accordingly with the US stock market? Which comes first, the USD move or stock market? It sounds like you’re assuming that the USD makes the first move and then the stock market follows.
Comment by Alex Fotopoulos
For the most part, yes. I’ve seen a few days that don’t move quite in line with that, but most days seem to. I’d say the USD moves first which determines the direction of the markets.