Afternoon Update – Microsoft on Deck

The SPX’s, and more so the NASDAQ’s, price action doesn’t look good.  Another sharp drop in the Dollar-Yen carry trade didn’t help matters today (BoJ meets tomorrow). USD/JPY (1m) And… NASDAQ-100 (1m) Notice any similarities? For now, though, the market is going to hold at price and technical support ahead of the Super Bowl of…

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