How Will TPTB Prop up Stocks Today?

For about six weeks now, it’s been a combination of continually rising crude light and strategically timed USDJPY ramps.  Last night, USDJPY took the reins as CL let a little air out (following a clumsy and obvious prop job, see: Why the Market Didn’t Correct Today.)

2016-03-23 USDJPY 5 0612With USDJPY breaking out of the rising red channel it’s been in since last week, is it time for another USDJPY failed rally to nowhere?

continued for members


lock

Sorry, this content is for members only.

Click here to get access.

 

Already a member? Login below

Email
Password
 
Remember me (for 2 weeks)

Forgot Password