If the Yen does rally, could the opposite take place in the S&P 500?

from kimblechartingsolutions:

CLICK ON CHART TO ENLARGE

The chart above reflects that the worlds “Least Loved Currency” and the S&P 500 have been moving in opposite directions over the past 90 days. Has this currency helped the S&P 500 rally?  It’s possible!

The chart below reflects that hardly anyone loves this currency, with only 13% bulls.

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