USD/JPY (black) vs S&P 500 Stock Futures (purple) 240-min: A fairly tight positive correlation. A further correction lower in stocks likely means USD/JPY follows.
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Tight Correlation: If You Like Stocks Short; Then You Should Like USD/JPY Short
A further correction lower in stocks likely means USD/JPY follows.
Disclaimer:
Futures, Forex and Option trading involves substantial risk, and may not be suitable for everyone. Trading should only be done with true risk capital. Past performance either actual or hypothetical is not indicative of future performance.
Black Swan Capital newsletter services are strictly informational publications and do not provide individual, customized investment advice.
The money you allocate to futures or forex should be strictly the money you can afford to risk.
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