SPX500 price actions are similar to those in 1978 (Today is 07/24/1978) It is interesting to see how 10YR yields moved in 1987 and today. The late July 1987, it was around 8.60%. By mid Oct, it shot up to above 10% . SPX500 hit the top on the 26th of Aug 1978 and 10YR yield was about 9%. My point is that current move of yields are also similar to those in...
Waiting for year end blow up towards $3240 before .....
Minimum correction done Let's wait for reaction. Need to break above JPY24125 first to move higher or do double correction towards JPY23600
Current price actions as well as changes in the number of unsettled buying balance of arbitrage tradings are v similar with those in 2017. 09/07/2018 1.443 09/08/2017 1.374 09/14/2018 1.762 09/15/2017 1.704 09/21/2018 2.129 09/22/2017 2.062 09/28/2018 2.563 09/29/2017 2.476 so far 23.6% correction from the recent low, which is what Price actions of Sept...
Moving accordingly. Refer to previous analysis NI225 JPN225
I am very bullish. This is the worst case scenario for the short term. Refer to 2013 price actions.
Nikkei225 recorded 16 days consecutive winning streak last year and it started on the 2nd of Oct (the first trading day of the Q4). I already posted the similarities in chart as well as supply & demand in the previous post under NI225 and JPN225. Expect it to continue go higher. Like to buy dip.
Moving accordingly. Refer to previous analysis
Buy dip below 112 for 114++ as long as it stays above 109.77
There are only similarities. I am bullish (refer to previous analysis under NI225 & JPN225) but I have to be cautious.
Waiting for year end blow up towards $3220~40 before .....
Trying to break above huge trtriangle B. As Nikkei225 & YEN crosses are bullish, USDJPY should be supported to go higher even if DXY is weak.
buyers appeared between 0.9a=c and a=c short term correction might have completed with Abe won.
it will extend beyond Jan high if it breaks recent high @ JPY23842,