USD/JPY, SPX, VIX, US $ Index

Posted by Samadhi Research Group × 7:36 AM

USD/JPY is about to rise back to 108.30 level.
VIX is about to fall to previous support level near 16.
But SPX hasn't finished it's correction to near 1200(speaking from Trendline channel.)
US $ Index is heading upward to 74 level which is bear for Crude & Gold.
If you notice, currently there is a divergence going on between SPX & USD/JPY. Historical Correlation Ratio says that these two move in same direction between 80-90%, sometimes more than 90%.

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