Here's How the $USDJPY 6 Pt Selloffs Create Support in $SPX500
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Do you see the pattern here?
If there is a 6 point drop in USDJPYand a sharp reversal in
USDJPY then the stock market has put in a meaningful bottom with support at the low of the USDJPY. Once you see a bottom in the USDJPY, mark a bottom in the 
SPX500 and carry it over 3-6 months because that is how long the support level is good for. See for yourself.
Look at the Election low, for example.
TheSPX500 went right back to the middle of 3 of support levels when it was "locked limit down" overnight after the election results = right at support. And held like a rock.
TheseUSDJPY Bottoms are "KEY HIDDEN LEVELS" in the market that provide reference points for future drops in the market to test support.
See for yourself.
And join us in the Key Hidden Levels Chatroom here at Tradingview.com
Tim
10/5/2017 9:10PM EST
If there is a 6 point drop in USDJPYand a sharp reversal in
USDJPY then the stock market has put in a meaningful bottom with support at the low of the USDJPY. Once you see a bottom in the USDJPY, mark a bottom in the SPX500 and carry it over 3-6 months because that is how long the support level is good for. See for yourself.Look at the Election low, for example.
The
SPX500 went right back to the middle of 3 of support levels when it was "locked limit down" overnight after the election results = right at support. And held like a rock.These
USDJPY Bottoms are "KEY HIDDEN LEVELS" in the market that provide reference points for future drops in the market to test support.See for yourself.
And join us in the Key Hidden Levels Chatroom here at Tradingview.com
Tim
10/5/2017 9:10PM EST
Nota
No selloff in awhile now in
USDJPY9/26/2018 11:44PM EST
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