Yen carry trade vs DJIA and Gold

FX:USDJPY   U.S. Dollar / Japanese Yen
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Yen carry trade created an havoc for the bullion prices and boon for the equity markets. As seen , there is a very close relationship between the USDJPY             and DJIA             and inverse with the Gold             . Interestingly, USDJPY             has pierced Diamond top pattern and also witnessing a divergence.

As seen USDJPY             is making lower high and the same is followed by the Gold             price which is contracting the relationship. More interestingly, USDJPY             is making lower highs and DJIA             is making higher highs again a divergence.

Hence looking at the relationship we assume a DJIA             might fall till 16100 and gold             might climb till $1327-1336 and USDJPY             pair might fall till 101.20-101.00. Many people or analyst might argue on this , that for the pair trade there should be a positive correlation needed between the assets. That s true !!!! USDJPY             and DJIA             maintained that correlation but because of the inverse relation between the USDJPY             and Gold             , we are asking for a bottom fishing.
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