100 is long-term support in USDJPY. If bull market is to continue this level will hold. Expect lots of noise before the trend reasserts itself. Last major trend change took 12-months.
Seeing and hearing a lot of activity in the exploration space. Divesting is almost complete among the major producers. There may be a new temporary price low, but the trend has decidedly changed.
Three days of gap opens that were all were sold into the end of the session. This is a good indication of not-so-quiet-distribution after the big run up. Bearish longer-term if we see a close below $SPX 2020, or ~$SPY 202.
