As suggested a day ago – The Japanese Nikkei has had trouble clearing 15,100 as we now see both the Japanese Yen as well ( yes finally! ) the U.S Dollar both moving higher on safe haven moves.
Yet to be reflected in U.S Equities, this would suggest a “lower high” in Nikkei and presents a significant “technical” twist / turn…..in line with “another leg down” in risk.
Long USD trades now more or less break even, with small long JPY’s added – this being “only the first suggestion” of a solid turn.
Miners pulling back ( again as suggested ) providing traders with an excellent opportunity to enter the sector in coming days.