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This ratio says the index is close to a pullback.
Since Tuesday's big decline it's just been a giant sideways chop fest.

Yen

| Jul 10, 2014
| 6:41 AM EDT
I realize everyone is focused on Portugal this morning but I had these charts of the Yen (vs the Dollar and Eu...
The next few days are crucial to see whether it will happen or not.
There could be more to this correction in the coming weeks.
A rally wouldn't surprise me, but indicators and stats signal a correction.
Folks are not so willing to bet on a higher VIX.
As rates rise, the chatter will turn to surplus, rather than shortage of bonds.
The Oscillator says the market is losing momentum.
A rather funky head and shoulders bottom is trying to form in GLD.

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