FxWirePro- Woodies pivot (Major) 
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FxWirePro- Woodies pivot (Major) 
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies 
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Candlestick pattern- Shooting star
S&P500 has halted its 1-1/2 month bullish trend and shown a minor decline. The index jumped more than 250 points on account of easing US-China trade tension. But slight pessimism in the deal is putting pressure on the global stock markets. It hits low of 3104 and is currently trading around 3107.20.
The US 10-year yield rose more than 30% and jumped to 1.97%. For the past 1- week it is trading weak and lost more than 10%. It is currently trading at around 1.746%.
The near-term resistance is at 3135 (trend line joining 2954 and 3019), any close above targets 3150/3175.
On the flipside, near-term support is at 3100 (10- day MA) and an indicative break below will drag the index down till 3070/3050.
It is good to sell on rallies around 3115-20 with SL around 3135 for the TP of 3070/3050.
