[B]Implications: [/B]Bullish
[B]JPY: [/B] The 52 and 13 week COT indexes are at 33 and 0. The 13 week index has hit 0 4 times in the past 2 months, indicating that a turn towards JPY strength is likely. Of course, the Yen continues to weaken (sentiment extremes can last for weeks), so use caution when attempting to trade this reversal.