FX:USDJPY U.S. Dollar/Japanese Yen
I am better at playing the TZA versus the TNA side of the Russell. But, these patterns and my theory of driving this market, actually that is the world banks, effecting the , effecting the markets, it is hard not to admit that these two similar triangles are in play, and the same result should result... which means the banks, and currency traders, are tipping that ECB will dramatically lowers rates, and add liquidity (AKA and I don't mean Queen Elizabeth) to save off any deflationary pressures, for now. And, as each attempt to accelerate any economy out of its deflationary spiral is hopeless without job creation and a healthy, spending disposable income on stuff they really don't need but can be talked into buying, middle class,which the Obama administration and the Democratic Senate has managed to crush out of existence. And all this without even officially raising taxes, just fees, authored smaller size portions (another form of ) , and created such an unfriendly business climate that any corporation that is profitable is moving out of town (out of this country), which would have already increased the numbers to epic portions, if all those who have given up looking for a job and all those who have chosen to retire early on less than planned were eliminated from the figures. However, either way, June 5th, whether they announce affects, do nothing, or hike rates (no way), the markets will react and I think with much more one way or the other. Don't fight the FED (Obamanomics), became don't fight the BOJ (Abenomics), and now, as of June 5th, don't fight the ECB (Draghinomics).