It seems there is always a new ETF in vogue and on thursday the one that tracks the Australian dollar had some huge volume while CL and ES approached 52 week highs. the issue im having is that I am looking for a significant pullback in SPX to the 1215 area but I dont think its possible with Oil and AUD surging like this???
This probably will not help the AUD to rise. http://noir.bloomberg.com/apps/news?pid=20601087&sid=aIm2G9rZzqhI&pos=1