Monday, February 3, 2014

Japanese yen futures … rdy to dive again

Japanese yen looks like we are real close to correcting this little upswing… a big change in commercials decreasing their long position in a rising mrkt( futures). 

Side note. : futures go higher= forex currency moves down. Futures and forex are opposite. So I will be watching for a move higher in forex which means a push lower in futures.  

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