Dollapalooza

We are set up for a big rally in dollar yen to bring deflation to U.S. shores. That is the message of today's metals' collapse.

100416goldyen

click chart to enlarge So... dollar yen to 109?

100416balloon

click chart to enlarge So.... dollar yen to 150?

100416dollaryencomp

click chart to enlarge The S&P was up today in yen terms.

100416pump

click chart to enlarge A rising dollar yen will crush the Money Printing Pump.

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The TellTale

I expect a rally next week. The health, or lack of, exhibited by the rally will be the telltale for what to expect in the remainder of October.

100116pump

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100116goldyen

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100116spxad

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1001163dnewhighs

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Propitious

The  Solunar and Tidal work gives us a very specific set of expectations for the next six or so weeks.  The price action of the last few weeks fits the models quite well.  What the models give us is direction, but not the extent of price moves. I don't know how big (or small) they will be. Ideally, over the next few sessions we will get a better gauge of relative strength or weakness to assist in some estimation of price levels.

0920163daynewhighs

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092016spxad

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Weekly Update

091616adrenaline

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At any time, the Central Banks may give markets another adrenaline shot, especially if financial markets fall sharply.

091616spxnikyen

click chart to enlarge U.S. stocks in yen at support.

091616spxnikdoll

click chart to enlarge Japanese stocks in dollars breaking down.

091616goldyen

click chart to enlarge Weak gold implies dollar yen to move higher, or gold move is a fake out.

091616spxad

click chart to enlarge Breadth recovered quickly this week.

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