Tuesday, February 3, 2009

Quick look at yen confirming positive above our pivot

Yen per the $XJY chart (see daily chart below) is positive right now and is above the pivot we identified at 111.49. I cannot be certain it isn't still within a triangle consolidation structure, but looking good so long as it remains above the recent swing lows:



I'm also posting a few intraday charts at my UBTNB3 site for anyone curious to see technical charts intraday - no regular schedule on these, just as I can and if/when anything looks potentially interesting. You already have the ChartsEdge maps and charts too - and it's too early to speculate on exactly which small-time frame count in Elliott Wave, the big picture is already known (discussed this weekend of course).

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