EURJPY has been a good weather meter for the S&P, USCAD (I think) for /QM is similar but make more sense fundamentally. After reading the Farmer's Almanac I looked at /HO. (/HO : USC/CAD) This look like a good place to put tougher (S Term) delta hedge trades in the new year. If the coil in the USDCAD breaks down odds are the effect on /HO will overshoot to the upside. If the Almanac is correct crappy cold weather in the mid section of the US will help work off the current (high) inventories.
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