Sunday, February 12, 2012

Yen analysis and closeup look at prior lows

Posted below is a series of charts with additional analysis (annotated on the charts) pointing to 2/14/12 as the ideal date for an important low that may lead to a final blow-off rally, possibly terminating around late June 2012. If this analysis is correct, the market should make a low in the 2/10 to 2/15/12 area. Per the potential analog with the 1995 market, there may be a deep retest or even a slight new low in mid March. There is no way to know if that will happen. None of the other cycles that point to this 2/14/12 area made new lows on retests when they bottomed in earlier iterations of the respective cycles. See long-term charts posted here: http://yentimeprice.blogspot.com/2012/02/yen-major-low-due-feb-1314-2012.html

Also included in the charts below are closeup views of important lows related to the current cycle low. Analyzing the pattern of prior lows should be instructive as to what should be expected in the pattern of the current low (if it shows up).

Kim Rice 2/12/12







1 comment:

  1. very nice charts and write up Kim i appreciate what you have done to keep me and others apprised of possible scenarios

    ReplyDelete