Futures

As I said late last night , "If Something is Going To Ramp the Market- Look to the Yen"

"A huge move down in the Yen, that kind of move is news and the news is right above, the BOJ's time for talk is over, now it's action. The Yen carry with the USD ramped the market overnight a couple of days ago so it's possible."

"I'm not going to post anymore because the Yen is changing everything. I see the EUR/USD starting to move up, I'm pretty sure this will change a lot, give it some time."
2:11 a.m. Thursday April 4th

And...

 The EUR/JPY carry shot up right as I was posting and continued to move higher overnight after the BOJ action

 The USD/JPY carry also shot up, reducing the cost of carry.


 Even the EUR/USD moved, but this has to do with a lot of things from the BOE to the ECB, in any case, higher is supportive and we are seeing a move higher.

 ES 1 min ramped overnight and right around the open.

 ES 5 min has shaped up and looks a lot better than last night.

 NQ 1 min also has a positive divergence after ramping most of the night.

TF/R2K futures also have a nice positive divergence.

Also as suspected, yesterday's Dominant Price/Volume relationship is also supportive of higher market prices as explained last night.

So far, the market looks a lot different than it did at the close yesterday. The SPY positive Arbitrage is also active.