The Yen appears to be making what I call the abbreviated head and shoulder failure pattern. I will be looking to go short with a close below .007370 level.
I am very temped to short the SP500 contract here. The stop would be placed at yesterdays high. This doesn’t really fit any pattern for me but it feels like markets might roll over here. This would be a very very small short position. If it closes green today, I will let this trade go. If it closes red I maybe tempted to short it.
