-Traders will do the same thing over and over again.
-In trading, no one to blame and no one to question what price did.
-Price can break any low/High because anything can happen.
If you fully allign your thinking in line with the truth about the market then you will win.
- Value in short term upward trend versus growth
- Cyclical stocks rolling over versus Defensive stocks
- S&P Low Volatility ETFs starting to outperform the S&P 500 on a relative basis
- US Small Caps (IWM) neutral vs US Large Caps (SPY)
- Emerging Market equities neutral vs Developed Market Equities
- Safe-Havens Surging
Japanese Yen Index is currently on sideways. The price is most likely to consolidate before making a new momentum trend. Whether its upward or downward trend, we have yet to see if the price breaks the key resistance level of 94 (upside movement) or breaks the support level at 92 (downside movement).
‼️Disclaimer: Please be advised that we are NOT Financial...
This chart forms part of a larger research note. None of the information posted here (TV) should be considered financial advice.
On a relative basis, safe-havens have out-performed risk assets for the past week. This is highlighted by the relative chart, using our custom Global Safe-Haven Index (SHIX) versus the S&P500 E-mini Futures (as a wide proxy for risk...
On the Yen Index we are seeing some play off the 50%. there are no Harmonic Patterns currently on the Index but off the Fibo. so for the monday trap move we can have a move up to the 50 and then reverse. The Commercials have increased their longs by 10,000 orders. Now, an interesting thing on the Non-Coms side of things is that the Shorts marginally increased...
This chart forms part of a larger research note and should not be considered financial advice. Please do your own research.
Japanese Yen Currency Index | Monthly Chart sees break lower breaking the trend line support going back to May 2015. This chart signals weakness for the Japanese Yen.
just waiting till the price break the 90.6 level and then he will go down to around 89.2
OR wait till he goes up and then breaks the 92.6 level if he breaks that level he will go up to around 94.2
Between 90.6 & 92.6 Do Not Take Any Decisions Cuz It May Go Horizontal
be aware tomorrow there is the GDP growth rate so it will be great to open the chart at the...