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June 4, 2013

Japanese Stocks

Nothing changed with regard to our main cyclical focal points in today's action. The dollar posted a narrow range session which tells us nothing about its potential for an immediate DCL. Stocks technically formed a daily swing low, but a bearish candle hints that the low may not be in. Gold delivered yet another whipsaw. So I will spend tonight's brief letter publicly addressing a couple of inquiries I have received regarding the Japanese stock market and the yen ...

 

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