Last week was bad for NI225. NI225 index broke 30,000 JPY 1 week ago, now it went back to below that level.
Although the index overall is in an up channel, I doubt this will continue for long.
I'm expecting NI225 to continue going down, at least for the first half of next week. Keep an eye of the support line breaching!
(Remember both Japan GDP and population are declining. These are negative signals for NI225 in the long term.)
Although the index overall is in an up channel, I doubt this will continue for long.
I'm expecting NI225 to continue going down, at least for the first half of next week. Keep an eye of the support line breaching!
(Remember both Japan GDP and population are declining. These are negative signals for NI225 in the long term.)