#TSOT - Trust, Confidence & Conviction in the market.

Makings of a Flag

The catalyst to push a breakout higher for the USD would have to come out of the realm. Which would include USDJPY to break away from the 110.55 level. The difficulty of a concurrent price action of the USD with the DOW or SP500 would be limited due to outflow of funds, with an exception of repatriating it back once a clear signal of the break way would provide the evidence to make this happen.

Yet, the real push would probably come in Asia either at or post G7 meeting. Although market conditions is ripe for the taking soon enough. We are just merely waiting for this to occur as we are well positioned for the main event. All we need to see is the re-emergence of trust & confidence in the market once these expectations materializes. Proper positioning before it does would be a significant difference for positive investors that would carry these conviction in the market place supported by the mere size of volume contracts and the momentum to come along with it..