John Murphy's Trading With Intermarket Analysis Fig 16.12
In 2012 the wkly ratio broke a 1999-2012 declining resistance and reached around 4.25
Long-term long term SPX:CRB ratio chart
http://www.investorvillage.com/mbthread.asp?mb=144&tid=14378975&showall=1
In 2015 the monthly ratio reached the historical mid-1999 high at around 7 (7-years)
My Up-date on 2015-Apr-20
http://stockcharts.com/h-sc/ui?s=%24SPX%3A%24CRB&p=W&yr=5&mn=0&dy=0&id=p38495152868
Seems the correlation with USDJPY suggests a resumed surge in the ratio
Hmm-will see
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