Some counterintuitive moves since the deal was announced are a warning signHere’s the list:
- Dollar falling
- Gold rising
- Stocks flat or down a tad
The market saw this coming last Wednesday and began buying USD/JPY, other yen crosses, Aussie, stocks and selling gold. At this point, the result shouldn’t be a surprise for anyone and it was a signal to take profits if you made the trade a few days ago.It’s a good time to look at the technicals to see what’s weak, strong and what needs a pullback.