Thursday, 3 March 2016

S&P 500 must rally free of potential wedge soon or re-test of lows is on the cards

With one eye on another risk proxy USD/JPY bumping up against trend line resistance (see post), and another on the wedge shaped rally from the Feb low, it's worth considering a bearish short term possibility for the S&P 500.


USD/JPY pushing up against trend line resistance