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Sept 15th, 2010: JPY Chart

Posted by pugsma on September 15, 2010

12:15 pm EST:  I was asked by a subscriber to work up a JPY daily chart over the weekend. I completed it on Sunday 9-12-10.  I was looking for a wave (3) peak near 1.20 and then a retrace to at least 1.16 for wave (4).  Looks like an a-wave down to 1.17 for wave (4) thus far.  Should get a b-wave corrective back up to 1.18 and then a c-wave down that stays above 1.14.

JPY Daily Chart (9-15-10):

JPY Daily Chart (9-12-10):

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