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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...
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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.


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