Here are the updated charts for the NYMO and the US Dollar.
You can find previous comments on these subjects here and here


This blog intends to reduce the noise from the markets by the use of Market Profile as well as studying inter-market associations and their relevance to the short-term trend.
3 comments:
hi
i keep visiting ur site for two things
1. trying out new ways to find the trend direction
2. clear cut charts ...
on seeing ur nymo charts, i do tried in stock charts but not able to get....
keep it up
sri
Hi
the nymo is suggesting nifty in ob zone
but $ chart suggesting buying in stocks!
am i right boss ?
further plz if u can corelate nymo-nifty on big falls may04,may 06,jan 08..thn it will be more interesting..
a frequnt visitor
manu
Manu,
Dollar up implies stocks down generally, but at different stages in the cycle, the co-relation may not play out as expected.
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