Chart-a-teria

032716spxyennik2

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An interesting link on zerohedge shows how the rising yen is bearish for the S&P as Japan repatriates assets. I've reproduced their chart above as one to follow.

032716goldyen

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And the yen remains correlated to gold - gold and yen are weak together now.

032716pump

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I don't maintain that balance sheets inflated in dollar terms caused the current rally - but the chart does reflect the rumored G20 agreement to weaken the dollar and it's apparent (short term) success in stemming global equity weakness.

03271666correl

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032716spxAD

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This advance is not broad.

0327163dhighs

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Nor is it broadening.

0327163dnewlows

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More charts, and today's video update within!

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