d.vezeris
Long

NIKKEI 225 Weekly (22/2014) Chart Technical Analysis

FX:JPN225   Nikkei 225 index of Japanese listed shares
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The NIKKEI 225             ( JPN225             ) weekly chart shows the following signs:

Exactly from 6/2013 NIKKEI had been in two channels with different trends. Now it seems to change the trend one more time for upwards. Technically RSI>50 and MACD will be bullish on Monday. Last week the Index with a long candle got over the Tenkan Sen. Next target it seems to be the Kijun Sen at 15054. As you can see in diagram the KUMO offered a strong support to the Index.

I am bullish for NIKKEI except if it returns into the KUMO cloud with a new support line.
J.Livermore PRO
2 years ago
Clean and neat!
Reply
d.vezeris J.Livermore
2 years ago
Thanks for telling me
Reply
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