The past couple of hours have been all about The divergence of U.S. vs European yields.
USD/JPY is catching the biggest bid today after languishing on the crosses yesterday when the Euro ran the show.
Nikkei is starting another run higher. As long as this remains above 19,065 close it goes higher. Look for higher into year end.
DAX…closing up here projects higher as well.
USH…looking for these to minimally print 148.00.
That’s Dollar & Equity Indices positive/ Gold negative.
It’s Friday, don’t be a hero and decide to pick a market top in the Indices or Dollar.
To be technically correct is to be fundamentally right.
