USD vs JPY at a key PATTERN level

IF the USD vs JPY blows thru this PATTERN (sell) THEN the equity market continues higher … IF the PATTERN works THEN expect weakness and/or general churning for the equity market in the coming weeks.

would like to see an up move into the 123.30-123.50 level and then sell off.  Right now, stops will be right above 124.25.  Above there, pattern is null and void.

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets. View all posts by BART