Monday, May 17, 2010

SPY vs. The World

A look at SPY the past week. Are we headed lower? Who are "we"?

After the long run up, SPY has not fared so well lately, but a breather was due.

SPY (S&P 500) vs. GLD, VXX, FAZ, FXP, EUO
1 day (1-minute bars)
2 day (5-minute bars)
5 day (hourly)
Being slightly obsessed with FAZ and VXX (more as an observer than trader) makes these charts a little more interesting. So is comparing SPY with the FXP (UltraShort FTSE-Xinghua China 25) and EUO (short euro) vehicles. Vroom vroom!

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