COT 04/28

Published April 28th, 2008 - 09:18 GMT
Al Bawaba
Al Bawaba

Implications: Bullish




JPY:  The 52 and 13 week COT indexes are at 61 and 0 now.  The 13 week index at 0 indicates a bearish extreme.  Therefore, it is time to begin looking for opportunities to buy Yen again (sell Yen crosses).