An FX wind shift from the persistent equity tailwind to a headwind was detected and reported at 4:45 AM on my twitter feed. The results are observable.
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Where does it end?
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click chart to enlarge Bearish
click chart to enlarge There remains very steady liquidity coming from Japan. Bears needs to see that taper off.
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Expect the VIX to follow the dollar higher.
click chart to enlarge S&P futures topped 90 minutes before the Monday morning's full moon.
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Up there, at the top of the charts!! lol
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click chart to enlarge Note the last three bullish divergences have failed. It's a bear market!
click chart to enlarge Another way to see the FX Weathervane.
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