[Titan]

If the S&P 500 double tops, then carry trades will fall off the map!

Take a look at the monthly chart of the S & P 500 chart below. It never sustained the highs set back in 2000. So seven (almost 8) years later, we're there once again and it's looking like we're not going to head to "higher highs". It appears thjs coming recession will cause the index to complete the double top formation in the upcoming months.

Full article: World Currency Watch: FOREX Market, FOREX Trading BLOG


Titan