Our thesis that a potentially huge trend change occurred close to the December 25 full moon remains not only viable, but increasingly likely.
Charts and video commentary within for subscribers.
Category: Yen
Yen Break
Yen Watching
Today's late spoo rally was catch up with dollar yen that had earlier in the day. But stocks won't continue higher without a coincident move from dollar yen. I'm not convinced that's in the cards.
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click chart to enlarge
And Now….
Either Or
But not neither, either.
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click chart to enlarge
A Familiar Triangle
Is this breakout October 2 redux?
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Expectations
What should we expect this week? I suspect we see another example of my belief that the most volatile moves are the most rational, i.e. most easily understood. At least if you're looking at the correct calendar.
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Engulfed
The market is behaving as if a large selling wave is right around the corner. Perhaps it is.
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