The Yen Carry trade unwind is far from over, with total net Yen...

  1. 22,943 Posts.
    lightbulb Created with Sketch. 2079
    The Yen Carry trade unwind is far from over, with total net Yen shorts being barely covered

    https://x.com/Marcomadness2/status/1819830981941146019

    Nikkei. The moment of truth has arrived. Dead on the primary trendline. Below and it the abyss  Above and the inevitable is delayed.

    https://x.com/great_martis/status/1819913038717489361

    ....I would expect ASX to experience a sharp drop at the start, then there would be people BTD without looking at what is transpiring in Japan (Nikkei).

    ....good luck, stay safe and will post again in two weeks.

    ....of course I will be following market developments as much as I could during holidays, even though I am on the sidelines. It is what I do.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.