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claydoctor
Jun 27, 2014 11:22 AM

EURJPY GOING DOWN FOLKS, taking us equities with it Short

Euro Fx/Japanese YenFXCM

Description

Euro weakening, Yen strengthening
This pair can only go lower
translates to US equities lower with it. IMO
Last leg up on trades weak, low volume,
no conviction, sqeezing the rag of profits, negative
divergence RSI on most of my radars. The stars
are aligning, This could be a large pullback on
sudden volume with SELL trades called in from
the Hamptons. Could happen today, or next week.
Let's watch the all important volume increase of red trades.
watching that 107.915 level of support, if broken
not sure how far down we go.
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