Check the yen and the futures..
Started by
n83
, Mar 05 2007 08:34 PM
2 replies to this topic
#2
jjc
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Posted 05 March 2007 - 09:12 PM
carry-on
My take is the Yen is consolidating its prior move on the daily, 240 min, 120 min bar. From a chart pov.
It has been advertised strongly in the media for having been the catalyst for the move down in the
markets, I'll be looking for it to lag now and its value as an early sell indicator is going to wane.
#3
redfoliage2
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Posted 05 March 2007 - 10:58 PM
Yen hit resistance and bounced down today:carry-on
My take is the Yen is consolidating its prior move on the daily, 240 min, 120 min bar. From a chart pov.
It has been advertised strongly in the media for having been the catalyst for the move down in the
markets, I'll be looking for it to lag now and its value as an early sell indicator is going to wane.
http://charts.barcha...stocks/3543.gif
Edited by redfoliage2, 05 March 2007 - 10:59 PM.
