they got me thinking, using EUR/JPY or EUR/USD as leading indicator to crude oil and sp500 works like charm. daily FOREX market trades over 3 Trillion USD equities, and in about 5 trading days, the 24 hours per day non stop global trading, FOREX market overrides the entire global trading numbers. thinking about the pitty NYSE stock market trades about 30 Billion USE equities today, it is only a junior player in the field.
so it was USD/JPY at Sep to Nov 2008 played major rule model, now EUR has more connections with crude oil then effects the stock market.
before the wind changes direction, play along..all I can say.. their market moving stuctures are incredibly alike.
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