THE DECEMBER DECLINE(HAPPY HOLIDAYS)

From my interpretation of USD/JPY every November-January displays the dollar kneeling to the yen, and once again I would expect it this December. From a fundamental perspective, Japan's economy largely relies on exports and with the holidays coming around with gifts and Jimmy's new transformer toy Japan's economy booms while the U.S. economy consumes. The graph is placed in such a way in where I would expect the decline to start, which could be now or in early December. Nonetheless, we're seeing signs of this inevitable drop. The currency most likely has one more strong push upwards before it not only encounters resistance but most likely enters the overbought territory. Similarly, the currency could dip now and hold its final rally before the plunge, we also have a rough butterfly pattern forming as well as an accurate Elliott wave, watch the fib levels for entry and exits as .5 will definitely produce some volatility. Either way, this Christmas is a time for cheer and fear for the dollar as it is almost certainly going down.