Good... the new correlation is showing that the Yen strengthening will not do harm to the indexes. The interests, inflation, Yen, stock markets will rise together in a positive cycle.
Victor.Y.F
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Thank you EXCAVO!
I'm looking for an area around the 128200-15000 as an equal leg of zigzag abc by forming a right shoulder. There's also a complex tree with a triangle bursting maybe forming at around 21000-(21000-15000)*(0.6)=17400. The right shoulder (considering the left shoulder last many years ) may last many years before the harmonic pattern batman breaks the 50% level and also the neck line to reach 0.886-1.0 target.
So it's an abc or complex tree.
If we look back 2008-2011 QE cycle 14470-6971= 7499 points to reach the core inflation highest level. Now, if we measured by equal lag target it's an area around 20319-7499=12820. We may have to wait for the core inflation going to the highest level, as long as it can go as high as it can go, before the BOJ intervention commences after the right shoulder completing.