www.guerillastocktrading.com Being a technical analyst, occasionally you see things that you question why have more stock traders not seen or considered this? For example, Fed Ex. Fed Ex is a impressive future price forecaster for the S&P 500 and really the whole US economy. In October of 2007, Fed Ex plummeted and did a cross under the S&P 500. That move down led the S&P 500 by 2 months. In other terms, Fed Ex predicted the nose-dive in the S&P 500 by 9 weeks. In this episode, I study 8 years worth of data on both Fed Ex and the S&P 500 to show you the relationship involving both of these stock charts. The stock charts illustrate that when Fed Ex is above the S&P 500 and leading higher, it offers a very bullish signal not only for the S&P 500 but the entire US economy. Whilst the S&P 500 is above Fed Ex and Fed Ex is leading lower, this gives a extremely bearish signal for stocks. Looking at June of 2009, Fed Ex started leading the S&P 500 higher. What is very interesting is that when Fed Ex leads the S&P 500 by a sufficient amount to create a good gap, it is yet more bullish for the stock market. Hence you can measure the gap between Fed Ex and the S&P 500 to assess bullish outlook of stock traders as well as current health of the US economy. The gap between Fed Ex and the S&P 500 narrowed at the first part of April 2010 before the Euro crisis hit mainstream news and the S&P 500 plummeted 2 weeks later. In June of 2010, once again, Fed Ex started to gap ahead of the S&P …