Zoukers

more downside towards 19640 in the short term before bounce

Short
FX:JPN225   Nikkei 225 Index
PBR on 08/23/2019: 1.02
The unsettled buying balance of arbitrage trading at TSE 0.435 trillions Yen (one of the lowest)
Selling balance is 1.629 trillions Yen

When the index breaks below 20000 mark, PBR may hit 1.00 or below and that where I will turn buyer.

Similar price actions with SPX500 (refer to analysis)



Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.