A FEW SKEWED RELATIONS

The market started off very much in sync with the Euro after the ECB intervention in European bond markets.

As mentioned there's Euro resistance at $1.39 (red trendline).

Strangely though the TICK Index is trending down, while the SPY (in red) has been trending up, meaning fewer stocks are participating, and the Index has even dipped in to the negative -700 range.

 The FXE green vs SPY red has broken the correlation a little.

However the DOW has broken the correlation a lot, also being the worst performer today.

Just something to keep an eye on.