Big surge in JPY ( and we all know what that generally means right?) as commod currencies ( in particular AUD he he he… ) make a pretty dramatic turn – downward.
The Nikkei has also fallen “below” it’s bear flag / sideways pattern from the last 2 months so…..what’s left?
Good ol U.S Equities broke trendline a couple of days ago….now backtesting and wait for it…….wait for it…..
We may have to “wait for it” a little longer as one really can’t say for certain here but – weakness across the board.