by Martin Armstrong
Armstrong Economics
There is a lot of volume focusing on the yen and the Nikkei. It appears someone is trying to the markets through support and there is a lot of volume taking place. They seem to be trying to crack the Nikkei and are selling the dollar and the Nikkei attempt to create a lot of blood in the streets. This is curious for we are at extremes in markets. There is no viable sustainable trend to be had here. Where do these people think the markets will go? The odds are greater for a rise in interest rates than a sustain decline. So either they are insane, or they are fishing to push the markets and play off the stops they elect.