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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
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Dots

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Decorating the tree

Decorating the tree

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Sunday, June 14, 2015

One May Trigger the Other: DJUSFB and SPX

The U.S. Food & Beverage Index (DJUSFB) pretty much trades "lock-step" with the S&P 500 Index (SPX), as shown on the Daily chart below...any significant and solid breakout of this year's trading in one of them should trigger a similar move in the other.


FYI, the DJUSFB is up 158% since its March 2009 lows, as shown on the percentage-gained graph below.