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Just tracking what I have been watching for. We are getting what we expected from the markets today.
We have Yen strength and equity weakness today. First the CADJPY chart showing the anticipated Yen strength:
And second, the S&P 500 showing the anticipated equity weakness:
These are nascent downtrends and the larger trend is still up, so I will monitor them as the move progresses. There is always a bull path and a bear path. We cannot know which path the future will choose. As always, do your own due diligence, read the disclaimer, and make your own investment decisions.
Peace, Om,
SoulJester