claydoctor

JPN225 the addiction needs another shot of juice

Short
FX:JPN225   Nikkei 225 Index
2
Bearish RSI, price has been up, but indicators are down, MACD crossover this time (3rd) short, crossed and turning over, duration of the arc this time much shorter, much less strength. JPN225 and SPY saying..." Hello World Banks, since this high I have been on has nothing to do with the economy or corporate fundamentals anymore, I need you, and I need another shot of whatever you got to keep me up. China stim, Euro QE, doesn't matter, just juice me!" The USDJPY is acting kind of strange too, if the Yen rises, watch out below, do they actually have anything left in their little black bag? Probably, something experimental? Why not, why stop now?
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