System Problems

Please be patient, I had computer malfunction last night and besides not having had a good sleep. Do not have Computer results.

Nevertheless, Not a lot has changed in therms of the outlook. I will provide what I can. Please note that the JPY status will be used to guide

9:37 ET, JPY status 1,1,0,1,1 Hourly signals is what is supporting JPY rally from about 15 minutes ago. When that changes, the pressure should diminish on all assets. Please note, it is not necessary for hourly to go positive( negative for YEN price) for the YEN to start declining.
We are like a pilost without many electronic tools shut, still need to land today
09:46 ET, YEN unable to sustain new breakout, good sign
YEN first AP at 105.52, next APs 105.62, 105.77
09:58 ET, YEN at FIRST
10:00 ET, IF yen doing ABC correction 105.68 is minimum
10:02 ET, we now have trend exhaustion bar on hourly, means turn down(price)
10:05 ET, YEN struggling at first AP, but looks like will break it
10:07 ET, YEN at second approaching 100% abc retrace. and that is close to third as well
10:11 ET, YEN 4th Apoint at 106.05
10:20 ET, we may not have landed yet, but I think we know now that we will.
10:22 ET, YEN at third and we will have reaction here. But 15 mine and hourly counts looks supportive
10:25 ET, we have 5 min upside exhaustion, but no such on 15 or 60 min. So we are not done by any means, while reacting here. We will move higher in stocks and lower in YEN after this little blip
10:47 ET, we now have a sell on 5 min status, little unstable flying conditions for a while

Now let me ask you this, would not you feel million Dollars if you bought the FIXED income Securities (10 Year Notes) at 5.30( ABSOLUTE TOP, with close to 15% total return, in 6 months) I asked you to do? Who would not? You see there is a season for everything and You needed to act then. Now you would be cruising cool Caribbean, while others sweat in the equities market.

10:58 ET, YEN approaching highs at third APoint. Have you noticed how YEN is between the first and third Apoints almost since open?
12:02 ET, retraced 62 FIB on YEN rally since moring. Hope this holds
12:36 ET, that broke. now waiting for exhaustion on the upside for YEN,
Got that on 2 min basis. if broken will have to wait on 5 min basis
12:51 ET, OK got the exhaustion on the 5 min as well. Unfortunately until the hourly is is not in the SELL(YEN,price) it is hard to call the TOP in YEN. 105 held again, which is the first support for YEN today.
13:50 ET, YEN defeated? need a close above 106 for that
14:27 ET, Japanese YEN Surrenders!
14:30 ET, YEN almost hit fourth Apoint, deserves some rest before fifth 106.35, I find it POETIC that 105 long term support and today's first low support were at the same place
14:39 ET, I can only hope that readers, there must have been many new ones, as the profile looks have grown today a lot, knew that YEN was just another way we were telling readers what to do in the STOCK MARKET and did some purchases, at the depth of the market. And if they did, you know next step, TRAILING STOPS! so that you keep some profits, at least.
14:44 ET, JPY status now 1,1,0,1,1 (sell,sell,buy, sell,sell : for JPY PRICE)(Week/Day/60Min/15Min/5Min)
14:49 ET, Perhaps it is GOD's way of rewarding those that came to this site today, cause I/We do not usually give JPY Attraction Points on the net . These are reserved for paying subscribers. But as I lost usage of some of my computing power and that included the Stock Index computers, I decided to work with YEN( which we , often, view as a proxy for the stock market. ENJOY!
14:54 ET, We just hit a 5min status bar sell ( on last bar). SO the status is 1,1,0,1,0 , we are supporting on second AP at this time
15:06 ET, HALLELUJAH! all Major indices minus NAZ are up!
15:08 ET, 4th is giving YEN problem here, I think it will break it sooner or later before 16PM ET.
15:09 ET, BROKEN the fourth AP
16:00 ET, HOUSTON, we have lost NAZ, close Negative!

ENJOY