The Nikkei 225 Index (NI225) has been on a massive bull-run since 2008. Total growth goes beyond 470% from bottom to peak.
β The bottom hit late October 2008.
β The All-Time High (41,087.75) hit March 2024.
As the NI225 hits a new All-Time High many bearish signals started to develop.
To start, we have multiple weeks of bearish action.
The classic rounded top is already in.
β Other indexes such as the DJI, SPX & safe-haven assets such as Bitcoin are already on the retrace, coming off new All-Time Highs and multiple years of growth.
I see a drop happening based on the current chart.
π Main target sits at ~25,000.
It can go lower, depending on how things develop, and hit 20,000 which is a major support range.
This is not financial advice.
Remember to do your own research.
Thanks a lot for your continued support.
Namaste.
β The bottom hit late October 2008.
β The All-Time High (41,087.75) hit March 2024.
As the NI225 hits a new All-Time High many bearish signals started to develop.
To start, we have multiple weeks of bearish action.
The classic rounded top is already in.
β Other indexes such as the DJI, SPX & safe-haven assets such as Bitcoin are already on the retrace, coming off new All-Time Highs and multiple years of growth.
I see a drop happening based on the current chart.
π Main target sits at ~25,000.
- First stop = 33,000.
- Second stop = 28,000.
- Third stop = 25,000.
It can go lower, depending on how things develop, and hit 20,000 which is a major support range.
This is not financial advice.
Remember to do your own research.
Thanks a lot for your continued support.
Namaste.
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t.me/alansantana1111
π¨ Free PREMIUM Trade-Numbers
alansantanatrades.com
β If you now enjoy the content, please consider support below...
π lamatrades.com (Since 2017)