$JPN225: Nikkei setting up for a rally

As China reopening looms, maybe we get a boost too Japanese equities from here onwards...There's some interesting names, like Casio, whose line of luxury and more fashionable watches has been successful as of late. Definitely worth looking into it more. The index futures chart has a potential bottom signal in the short term at least, and with news of COVID zero being phased out, we might get the pop that is needed to kick start a Santa Rally here. Entries and stops and take profit levels on chart.

Best of luck!

Ivan Labrie.

Trade closed manually:

Exit at target was fine. +0.65:1 trade
www.tradingview.com/...ting-up-for-a-rally/