"Additionally, is it not odd, on an “all things considered” basis, that the Japanese Yen is rising at what appears to be an increasing rate? This rise commenced in mid-2007, as seen below:"
Here is the 5-year daily chart of the Japanese Yen:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhOevcqBrjZpwk90_aBRdAwgq7FD3zmWCkzj31CYmXLIIMm1OIlZOhEOG-m_lF9aQ6nB16kTUTfwrL8WfZ3UZCscWdvOcaT7n9ltyrAyTkQFSjyMtTYss4Id60XFdMq7hPfVP9uZivB3R8/s280/EconomicGreenfield+Yen+Daily+11-3-09.png)
Chart Courtesy of StockCharts.com
Here is the 1-year daily chart. As one can see, there may be a Cup and Handle chart pattern forming from early 2009:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8SjgKS3ca9h04EiWfmvj-Kn0S9Zjuc8UMYgqfhCysKnDZ-cSUfWkDfL-uoxA0cjgFrSla6gtPfjYd60bE-dJtifzeAJR47GVvtDWcfK3ts8v9l8VIvE6mQF0a01XuMLpR25gYB8d0ulA/s280/EconomicGreenfield+Yen+Daily+1+yr+11-3-09.png)
Chart Courtesy of Stockcharts.com
Now onto Part III...
SPX at 1040.14 as this post is written
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