claydoctor

usdcny spx500 relationship

FX_IDC:USDCNY   U.S. Dollar / Yuan Renminbi
91 3 5
I thought I saw this before, and now I see it. The next move could very well be a cny             devalue, which would snap dollar up, markets down, oil             down. Megaphone patterns repeat? spx500             retrace .5 or more? RSI TL support reached . IMO.
Comment: And just for kicks and giggles, what if... the FED raises rates as a favor to Japan, to weaken the Yen, so there markets get a pop, which is exactly what their central banks cannot do anymore? Just saying. Don't count it totally out. If they raise before the elections, they have to to it now, waiting would be disastrous for the rigged democratic election. Wow, that would proof beyond doubt,m this election is so rigged, and Hillary is telling everyone what to do and they do it.
Yes, I agree wholeheartidly, I think the G20 meeting and this week's fundamental events are catalysts for a big move. I'm holding longs in USDCNH, and shorts in SnP and Dax (and DB).
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IvanLabrie PRO IvanLabrie
Very clear megaphone too.
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claydoctor IvanLabrie
Glad to know we agree, Thanks Ivan :)
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