SPDR S&P 500 (SPY): thx caoi the surge in JPY is culprit...

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Re: Caoi post# 175530

Wednesday, 01/06/2016 9:33:19 AM

Wednesday, January 06, 2016 9:33:19 AM

thx caoi
the surge in JPY is culprit of the selling in spy not so much the strength of USD. however On the past two occurrences you can see JPY sold off when RSI was overbought. turning on rally mode in the indexes.

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