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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
63,599.85
(
1.13%
)
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jon_e_og

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jon_e_og

Re: None

Thursday, 03/01/2007 12:17:51 AM

Thursday, March 01, 2007 12:17:51 AM

Post# of 4823
hey dan, if u want an early signal what the market will do look for a move in the yen, when it broke out early teusday morning the S&P was at 1450...

overnite the yen is slowly moving up and nearing ressistance...watch for a break and a move through teusdays highs, at that point id would be looking for another precipitous leg...depending on how strong the breakout in the yen is, the asian and european markets, and a number of other things that could continue this move...

heres the yen overlaid on the S&P chart, i think the correlation is obvious...

http://www.futuresource.com/charts/charts.jsp?s=JY1%21&o=ES1%21&a=V%3A60&z=650x450&d...
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