Unsettled balance arbitrage trading is negative and the difference is the biggest negative numbers in the history.
Buy any dips. opportunities may come with ECB, FRB and BOJ rate decisions.
We will witness the move like 2012 and 2017 going forward.
Note
Broke above weekly 75 MA, cloud top and July high
Min target 23430 Max 25555
keep buying dip
short cover will prevail and this will go up until the balance hits around 2.0 trillion Yen. Currently below 0.4trillion Yen which is the same level of 2009 and 2016 low.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.