Despite our public humiliation - just kidding, being wrong comes w/ the territory - and capitulation, the Yen remains front and center. Over sold to an extreme with bullish divergence intact. One of these days this thing is going to turn and burn and in so doing, blow up a lot of complacent speculators.
An informal presentation of technical analysis, market ratio analysis, psychology and macro fundamental opinion... along with whatever else is required to stay on the right side of the markets. The premium NFTRH service takes all of these and more to the next level.
"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10
Friday, June 15, 2007
Yen
Despite our public humiliation - just kidding, being wrong comes w/ the territory - and capitulation, the Yen remains front and center. Over sold to an extreme with bullish divergence intact. One of these days this thing is going to turn and burn and in so doing, blow up a lot of complacent speculators.