FX:JPN225   Nikkei 225 index of Japanese listed shares
131 14 7
Watch this topping of the JPN225             carefully, as it relates to us markets. Thinking Yen strengthening (although they don't want it to - its a sign BOJ loosing its control on things), flatenning, and japan could effect U S markets when it reverse harder than they do. BOJ has most debt to GDP of all world, and if it finally looses control, that economy could fall hard, first, and effect other markets adversely. Besides, we are ready for a full moon down turn.
I agree, it's the next big move I'm awaiting.

Nikkei: Top projection


Should fuel my *jpy shorts.
+1 Reply
claydoctor IvanLabrie
2 years ago
How do you play this specifcally, what is symbol to play JPN225?
Reply
claydoctor claydoctor
2 years ago
do you have specific ETF you play?
Reply
claydoctor claydoctor
2 years ago
i.e., I like VXX to short SPY.
Reply
IvanLabrie PRO claydoctor
2 years ago
I trade currencies exclusively, so *jpy pairs short.
Reply
jangseohee claydoctor
2 years ago
ETF for Jpn is EWJ
snapshot
Reply
jangseohee
2 years ago
Nikkei broke up of the major channel and currently in this accelerated channel meeting resistance
i guess it will try to test for support
snapshot
Reply
claydoctor jangseohee
2 years ago
Yen srengthening, BOJ may have lost its handle a bit on things, anything can happen here. I would be carefull to confirm the next move for sure, watch a dead cat bounce.
Reply
claydoctor claydoctor
2 years ago
above trend resistance and then back down I mean
Reply
jangseohee
2 years ago
you are right Claydoctor,
Yen Trust is waiting at flood gate of upside if a big bar breaks through
snapshot
+1 Reply
claydoctor jangseohee
2 years ago
Jang, if we are right, what is your best stock play to profit from this move?
Reply
jangseohee claydoctor
2 years ago
Claydoctor, stock play that is related to Nikkei/Yen? No idea on this :-)
Reply
claydoctor jangseohee
2 years ago
actually found these two to short: DXJ, EWJ. New to me, but might take a shot.
Reply
jangseohee claydoctor
2 years ago
http://etfdb.com/etfdb-category/japan-equities/
Reply
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