Influenced by my Gold call to make a very tradeable drop from an anticipated high by mid next week at the latest,
I think that the 1.35 level in the ratio will hold for now but not for ever.
There are 2 potential Dow turn dates. Mid this week or early next week.
I will not bother with any US index however since after May, I am expecting SPX to drop to the 1,550 or lower area
by year's end. I will go Indian instead and buy INDA, INDY or SCIF (since I'm aggressive by nature).