Another View of the Global Reflationary Bounce…

Look at this chart. Does it not look similar to so many other bounce-a-thon participants right now?

Now read the symbol. It’s the Yen tracker flipped over. As the Yen has pulled back within an intermediate uptrend (and it’s inverse bounces within its downtrend) the other stuff has bounced. I just think it is interesting and another marker that is logical to this moment in time.

fxy, yen

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