The end game is upon us. I am not looking for a directional changes today.
Today’s path of least resistance is in the direction a market has been traveling over the past
few weeks, That is up in the Equities and Bonds… down in the dollar
Usd/Jpy….82.87 ( 120.70 futures) will be very important over the next few days.
Look for a potential double top in the Yen, however a closing violation of the level and
it’s off to the races…In short it’s a very big pivot. The upside could be a few figures in very short order.
Traders who are not nimble should stay away.
Stocks..( SDS) I am looking for a low risk way to play a potential release in the stocks
today going into tomorrow….29.25-28.85 is the level I am monitoring for a potential trade.
I am not leading off on anything!
