hehe
Long

$NIKKEI - The Ending Diagonal - Abenomics Part II.

CME:NK1!   NIKKEI 225 FUTURES
623 7 17
'On last Thursday, Kuroda met with Prime Minister Shinzo Abe             and assured him that he would do more if needed, especially if the BOJ is still failing to meet its 2 percent inflation target.
"Should conditions emerge where the target becomes difficult to meet, we are ready to make without hesitation adjustments to policy, additional easing or whatever," Kuroda told reporters after the meeting. '

Yen weakens, the Nikkei growing. Land of the Rising Sun not yet said the last word.
The next BOJ meeting ist on Oct             . 6-7. Until then, the market will live in hope.

http://www.cnbc.com/id/101995991

http://www.elliottwave.com/freeupdates/archives/2013/01/28/Ending-Diagonal-A-Pattern-to-Send-Shivers-Down-the-Spine-of-Investors.aspx#axzz3DPMCLOn4
FOREXEL
2 years ago
Good stuff, tnx for sharing
Reply
hehe FOREXEL
2 years ago
Grax !
Reply
dionvuletich
2 years ago
similar to USDJPY weekly - makes sense really print JPY stockmarket goes up... that is what happened in the US markets... but 5th wave with an ending diagonal... it better break strongly upward (which will mean much higher prices) or it will likely get back to at least 13200 from 18000 i.e. 25% + drop
Reply
hehe dionvuletich
2 years ago
thanks for the comment ...IMO 5th wave is the ideal place for ED; USDJPY just looks similar ... I prefer :

Where is going usdjpy


or solution with extended 5th wave.
+1 Reply
BuboWaveTrader
2 years ago
Do you like this analysis?? (english subtitles) https://www.youtube.com/watch?v=_q3CIb4778s
Reply
hehe BuboWaveTrader
2 years ago
...nice ;)
Reply
FOREXEL BuboWaveTrader
2 years ago
Intressant )
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