Charts I’m Watching: Jun 23, 2014

USDJPY continues to be boxed in between lots of overhead pressure, including the daily cloud, and the SMA200.  The 15-min chart shows a triangle setting up, reflecting the likelihood of a directional breakout soon.

2014-06-23-USDJPY 15 0615

Bonds have been a pretty indicator of equity moves in the past, but have lost some predictive ability as prices are currently rising in concert with stocks.

2014-06-23-ZN v ES daily

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