USDJPY: A Bad Omen for the Stocks Market

A bearish breakout would be a bad omen for the stocks bulls. And would confirm my bearish view for the stocks market.
We have broken below the main long term rising trend line recently, a follow through the major support level around 115.50 would be seriously bearish for the pair and for risk around the globe.

More about the stocks market in the related ideas below.
Also check out is risk here to stay? and Three economic indicators warn of a recession!

Best Regards,
Technician
thefxchannel.com/