A Few Charts

Charts updated inside.  No change in my thoughts. Parabolas are breaking, but not the yet the critical one, dollar yen. The S&P 500 advanced 0.37% with 175 advancers and 319 declines.

click chart to enlarge

click chart to enlarge

click chart to enlarge

click chart to enlarge

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Even Closerer!

I know, not a word, save your breath. Discussion within.

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click chart to enlarge "Parabolas never resolver sideways" - Bob Farrell

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click chart to enlarge FX winds still blow bullish.

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Japan Watch

I believe a reversal in Japan is a requirement for a reversal in the U.S.. The weak yen is a driver of the current bubble.  A surprise sentiment change at the Bank of Japan is the ideal outcome here.

The Weekly Update will publish here tomorrow.

 

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click chart to enlarge
Big FX pump from weak yen AND weak dollar.
The weak dollar won’t matter when the yen reverses.

click chart to enlarge