Big Picture unchanged since Friday. We’re selling AUDJPY NZDJPY and CADJPY.
Strong vs Weak Board below:
We expect further seasonal YEN UPSIDE vs commodity currencies best for now but can be traded against GBP and EUR as well.
Implied volatility levels for today:
Once off: Based on Larry Williams’ Work (www.ireallytrade.com )here is Trading Day of the month concept for USD Index and SP500 . FOR USDX 20/03/ 2018 is 14th trading day of the month where longs have 100% accuracy over the last 20 years. We’ll see.
Serious buying in the #SP500 should start around middle of the month with big impulse expected on trading day 11 which translates to March 15th 2018.