Earlier in February, the Nikei bounce and I took note of it. If it can only get past 17850 in this bullish flag, then I aim for 22000 in the Nikkei. Well, come to think of it, this would also be good for US stocks!
Supporting this flag is a type of bullish divergence.
This should send the Japanese yen where Gov. Kuroda wishes it to go. Maybe people spoke about failure too soon. I don't think Kuroda was looking for immediate results when he went announcing negative interest rates for the yen. I think people are waiting for a safe time to put there money where it can grow; and, hopefully, this will be back in US stocks and commodities.
It looks like we could get there. That Non-farm employment change in US data was a big surprise for the markets: gyazo.com/bec7354ec1...f9b02edcdb297e28c28e
Supporting this flag is a type of bullish divergence.
This should send the Japanese yen where Gov. Kuroda wishes it to go. Maybe people spoke about failure too soon. I don't think Kuroda was looking for immediate results when he went announcing negative interest rates for the yen. I think people are waiting for a safe time to put there money where it can grow; and, hopefully, this will be back in US stocks and commodities.
It looks like we could get there. That Non-farm employment change in US data was a big surprise for the markets: gyazo.com/bec7354ec1...f9b02edcdb297e28c28e
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
