Distress Call

Yesterday started off well, with great calls early on (off a downside target of 2132.91, we went long at 2132.66 and took profits at 2145.65; the top was 2145.73.) The rest of the day was an aimless mess, as traders couldn’t make up their minds whether oil’s collapse or the barrage of bad DB news was more important than USDJPY’s incessant rise.

Today, we have more of the same.  USDJPY is making new highs on no particular news other than the usual: SPX needs help.2016-10-27-usdjpy-60-0615 continued for members


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