Unravelling

While it might be too early to panic, there is a whiff of unravelling in the air.  CL, which hasn’t closed below its SMA10 in almost a month, is pushing well below at the moment.  2016-05-03 CL 60 0615USDJPY is seemingly in freefall. 2016-05-03 USDJPY d 0615And, SPX is putting in an honest to God reversal at its .618.

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