Charts I’m Watching: Sep 2, 2014

Interesting chart from BofA, republished in Zerohedge this morning:

Screen Shot 2014-09-02 at 6.14.38 AM


USDJPY has shot up on continuing dismal economic news out of Japan, reaching the .886 retracement overnight of the drop from 105.43.

2014-09-02-USDJPY daily 0600

This coincides with a smaller scale potential reversal for SPX.


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