JY-Yen Futures

[Xymox]

spot chart implies, 110 test coming up, works in well with bond prices selling off secondary to inflationary fears.

 

[Xymox]

yen rally implies, bond decimation, equity sideways. The link between equities/yen broke a couple weeks back.

 

[Xymox]

notice the yen futures continuing their rally, the recent reports improved chances for a further rate cut by the FED, thats why the dollar is weakening further.

 

[Xymox]

link is back in ES/nikkei/usdjpy

 

[Xymox]

price compression on daily.

 

[Xymox]

price compression on daily.

it wasn't just me looking at the price compression.

 

[Xymox]

the usd/yen broke out in advance of the jobs report, just shows information is available sooner to some then the general market.

 

[Xymox]

progression after breakout from compression still continues. Eventually this pattern should be good for retest of 124, I was hoping we could get to 110 for position trade, but it doesn't look like it will happen.

 

[Xymox]

weekly channel.

 

[Xymox]

notice the pattern similarities.

 

[Xymox]

making the move.

 

[Xymox]

progressing according to design.

 

[jacson101]

progressing according to design.

“That which needs to be proved cannot be worth much” Friedrich Nietszche

Watch the relative strength winners in the minors and crosses as to who gets to the finish line first...
Inherently big bids...

...and on that note I'm going to vegas for few, see ya in a couple...

 

[Xymox]

long 116.70... 124..expected.

 

[Xymox]

almost at trendie.

 

[Xymox]

10/18 almost at trendie.

 

[Xymox]

at trendie and broken, I still believe in the inflationary aspect of the yen, BOJ has little choice but the to flood the world again with Yen, the recall of liquidity will be put on hold. And massive amounts of yen will be pumped into the world financial system. This preserves the dollars value, the old ties of US/Japan will be needed more then ever, in face of regional powers such as China and Russia, insecurities in Japan will be higher then ever before.

 

[jacson101]

at trendie and broken, I still believe in the inflationary aspect of the yen, BOJ has little choice but the to flood the world again with Yen, the recall of liquidity will be put on hold. And massive amounts of yen will be pumped into the world financial system. This preserves the dollars value, the old ties of US/Japan will be needed more then ever, in face of regional powers such as China and Russia, insecurities in Japan will be higher then ever before.

As much as I hate para-phrasing Bill Lipschitz I will. "It's all about who blinks first"

Once again, very good geo-analysis a true pleasure reading your work.

Keep in mind with an increase in inflationary maxims, "day-old" techs can sometimes trap the unsuspecting by breaking trendie's and a like. Wait for big boys to take the lead, let them catch falling knives.

 

[jacson101]

Inherently Big Bids...

Japan's "kampo" in need of diversification...

http://www.reuters.com/article/bondsNews/idUST8013120070928

 

[Xymox]

usdyen losses being retraced. Japan wont let their currency stay at these levels too long, the longer their currency stays expensive, the more market share they loose to China. Yen will be flooding the financial markets.