This is how you properly manage YOUR trade, YOUR way.
Where's the entry? It depends on how aggressive you want to be.
Is the yen making a statement that it has lost the momentum to continue to the downside, and will that have an impact on the S&P's upside continuation?
It all comes down to 3360 in the short term, which could have longer-term implications.
In a market that swings between volatile and comatose, a good strategy would be to look for out-of-the-money put options in the dollar index and then bid lower than the current price.
A confirmed break through resistance at 3.875 would likely spark a major rally, as buyers put the squeeze to the bears.
Harmonic analysis of the E-mini S&P 500 futures targets 1723
Friday afternoon, no one around, as the indices marked time trading sideways in the upper end of the day's range.
Whether the gold and oil markets are free and fair ,or not, they are vast and certainly on the minds of the Fed and many others.