jangseohee

Nikkei ETF hasn't broke out yet!!!

AMEX:NKY   Nikkei 225 Index
70 0 2
An index ETF is supposed to track and mimic the price movement of the parent index.
In this case, i felt abit uncomfortable. Right after BOJ announced their QE move, at day close Nikkei 225             index shot up above the resistance as shown in the blue line chart.

However, Nikkei ETF seems to still stuck under the channel top!

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