On Track

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The recovery from Monday’s lows is right on track, aided by two reliable friends USDJPY and CL.  In fact, yesterday’s action was the most such aid the “market” has had in months.

For its part, USDJPY ran a very rigged orderly recovery back above the .618 Fib at 120.11 and the SMA200, where it remains this morning.  Funny how that happened.2015-08-28-USDJPY 5 0615continued for members


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