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This thread was started in response to the Analytic:
GBP Trade Index 18-Year Chart
Daily GBP (British Pound) chart of 18 years of cyclical developments in finance & politics
Goose spoos into the close!!!!
tomorrow or monday is the signal for treasury move.
the sell off in equity is for next week.
http://www.zerohedge.com/article/quants-wall-streets-alchemists?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
I a anticipating a pullback in equities soon, which would move $$ from equities to bonds, causing the spread to narrow and USDJPY to decline. In addition, USD/JPY is still sensitive to equity declines in general.
If USDJPY holds here at the 91.40/50 level, then expect this last 80 pip in one hour move to be reversed. So first target is 90.75, then 90.30.
This one may take a few days to work out.