AndyM

NIKKEI one more upswing pending

FX:JPN225   Nikkei 225 Index
So NIKKEI has almost made it to the new high and went into sell-off mode. Because we are running a motive wave up - it needs to contain five waves. We've seen three: up, down, up, now running forth down, so there's still one upswing left in the present ascending wave. Same for other indices. All point to the start of a major sell-off end Aug, but not yet there.
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