Price target 11500

Bollinger time frame set to 1D, Length 20

^ DXY to test yellow trendline. Watching if this holds. Break below changes short term 11500 target.

^ Bearish divergence(10Y), 2,3,7y yields alike.

^ USDJPY overbought (EUR and GBP look neutral)

Expecting turbulence ahead. Earning reports and contrarian buying.
I'm less confident on a long to 11500. More optimistic about shorting if it gets there.

This is not financial advice.

Kommentera:

^ Macro look at smart money between yields and equities. Idea taken from SpotGamma, who tweeted something similar a few weeks back.