I see divergencies between the price and + .
I would closely watch the upper . Today we just tagged it . If we close above the (RED) price should rally to the 100 .
If this time we cannot break the we will come back to 150 and the next try will take out the .
Plenty of room to the upside.
Sometmes JPY weakness signals the upcoming weakness of gold.
This is exactly happening now.
Investors are coming out of JPY and GOLD now and enetering into stocks.
Another reason not to short the stocks ....
STill too many shorts....
THey are covering again.