claydoctor

USD/JPY v IWM v SPY relationship

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
3
Ok this is the messiest chart ever but, trying to show to myself, and sharing for what it is worth, the relationship and effects currency manipulations are having on markets right now. Currency gaps up, lead to consolidation triangles, like bollinger bands indicating that to stimulate economies (or try to and fail) currency manipulation stirs the markets. The 3rd triangle should have happened, but the currency manipulation was delayed, until yet another gap, and IMO we consolidate yet once again, Abe and his trillion stim thing. However, no matter what everyone tries to do we have reached an equalibrium, where any types of stimulus has lost whatever little effects it had on economies, and that is becoming at last clear to the markets because global growth has slowed, and is in a fall, as these reports are coming out PMI, etc. Which will have a much bigger, more volatile (watch the VIX) effect on markets, because, OMG nothing we do really matters anymore, and the FED, BOJ, and ECB wonder what to do, i.e. yesterday's fed minutes. are they dovish, bearish? we cannot tell. Indecision, markets don't like that. If this Holiday year end spending os down, watch out folks, whispers, rumors, real numbers, yikes.
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