Dollar Yen Market Update and Outlook for Week of June 17

Dollar Yen Market update and outlook for week of June 17. We have are nascent USDJPY countertrend bounce as anticipated. Most Recent USDJPY Update. Here are the links for the trade as reflected in the June 11 weekly stock market update and outlook. June 11 Middle of the Week Update. As indicated in the analysis, I am just walking the 10 day candle stop down on the short position and not chasing knife catch countertrend bounces on it. Below is the twitter update on the bounce from Friday. Here is the current chart: I am not going to spend the time on a longer term forecast or prediction of how far this bounce will take us. To be interested from the long side, first it would have to take out my trailing short stop and reverse trend. I will not cover that short at the low but will instead let the market take it from me.  Peace, Om, SoulJester