2022-06-17

Looking Bullish

I went long the yen, small position and won't stick around if I'm wrong. A gut feel that all the attention on Japan is a squeeze moment rather than the crisis. The horiontal above is the get out of dodge line for yen longs.
If ZB (above) can recapture the higher horizontal, that would be bullish for bonds. If that happens, the corresponding move in TLT is a climb above $114 area.

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