October-December index futures.. Index may rise till the ratio drops to 1.04.
This is fourth day, USDJPY, by use of T-bond yields, is used to lower VIX as shown in the chart. The only difference is that the first day it was performed 10AM, today afternoon..
I will be waiting for price to touch trend line again (~123.90) and short the pair. First target ~121.95, second ~120.7.
More or less how DXY will behave in the near future.. I do not expect less then 97.0 in Q2.
I think 200DMA will hold. Otherwise we may see 107.6..