Our key VixOsc is still in a limbo with slight bullish bias.
...But let look at the YEN for a momemt.The Weekly chart has experienced a firework not seen in 20 years thx to Mr. Abe entering the GDP targeting game via monetary policy. We see what wonders it has done to the Nikkei. Is is sustainable at this rate.....NO. Where could it correct to as a first step....see daily chart
And then there is this gem, a Investor positioning survey and we see they even like to leverage on average. I call this Euphoria.
Risk appetite is still at elevated levels, but turning down.
It all fits nicely into our BLOW-OUT theme. Let's see how far Euphoria can carry us.
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