climbing_stars

NKY Bullish Bat or Bullish AB=CD

AMEX:NKY   MAXIS NIKKEI 225 INDEX FUND
112 0 0
We either have a Bullish Bat or a Bullish AB=CD in play. The AB=CD would be a standard Bullish retracement, that is also at the bottom of the current Bullish Channel . You could get a short term short here before this thing takes off. The two PRZ's are on the chart. This could also spell a short term downtrend for the SPX             . Just something to keep an eye on.
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