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Check the daily. Couldn't punch through 7630-ish either for the rate drop or (pretty bad) unemployment. Double bottom?
Very peculiar that yesterday Japan says extra easing off the table (huge rally in ¥).
If one had more tinfoil lying around, it's rather marvelous the greek talks seem to be traveling well (nice bounce in eurusd). Weirdly we have Sweden now buying their own bonds as well as a drop in repo to -0.1%.
And on the SAME day, we also have Putin's cease fire.
Last but not least, we have a warning (or context?) from Mr. Lew:
http://www.bloomberg.com/news/artic...-to-avoid-devaluing-currencies-to-boost-trade
4 items of (huge) news, all on the same day. What are the odds huh.
Going to argue of the next daily can't close below 7650-ish, could be time for a pullback.
