Price target 11500
Updated
Bollinger time frame set to 1D, Length 20
^ DXY to test yellow trendline. Watching if this holds. Break below changes short term 11500 target.
^ Bearish divergence(10Y), 2,3,7y yields alike.
^ USDJPY overbought (EUR and GBP look neutral)
Expecting turbulence ahead. Earning reports and contrarian buying.
I'm less confident on a long to 11500. More optimistic about shorting if it gets there.
This is not financial advice.
^ DXY to test yellow trendline. Watching if this holds. Break below changes short term 11500 target.
^ Bearish divergence(10Y), 2,3,7y yields alike.
^ USDJPY overbought (EUR and GBP look neutral)
Expecting turbulence ahead. Earning reports and contrarian buying.
I'm less confident on a long to 11500. More optimistic about shorting if it gets there.
This is not financial advice.
Note
^ Macro look at smart money between yields and equities. Idea taken from SpotGamma, who tweeted something similar a few weeks back.
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