To understand the recent low volume selloff take a look at a Bitcoin chart. The price has seen a corrective move back to support. While OSTK is highly volatile this price level will likely hold before the next leg up to $24.80 - $25.00.
Today appears to be critical but the uptrend still holds even below these levels, if the cloud support does not hold the next...
The pair found support at the 0.5 and 0.382 Fib. level, signaling the next move up,
Lower then expected USD Consumer Confidence (SEP) at 86.0 was not enough to break this level and therefore I believe this pair is going to go higher on the JPY Tenkan news.
Watch out for:
JPY Tankan Large All Industry Capex (3Q)
JPY Tankan Large Manufacturers Index (3Q)
JPY...
