The Yen is dropping and if BOJ does not raise rates, US equities will rally.
Watch RUT 825, 61.8% projection January. It could be pretty strong resistance. NYSE (NYA) 9454 is 100% projection 2000/2002, and almost a double off 2002 lows, a MAJOR event if hit. How equities react there will be telling. So far, NYSE high is 9447.
Watch RUT 825, 61.8% projection January. It could be pretty strong resistance. NYSE (NYA) 9454 is 100% projection 2000/2002, and almost a double off 2002 lows, a MAJOR event if hit. How equities react there will be telling. So far, NYSE high is 9447.
This entry was posted
on Tuesday, February 20, 2007 at 2/20/2007 12:18:00 PM.
You can skip to the end and leave a response.
» Post a Comment