Technician
Short

Nikkei: Another Bearish Leg?

CME:NY1!   NIKKEI 225 FUTURES
445 4 10
Nikkei Futures: Failure to hold above the major resistance area around 15450 threatens for a new bearish wave, probably we may see the price head towards the bottom of the sideways range once more. Note the bearish divergence on MACD as well.

The chart explains it-self, with targets and risk limit outlined on it.

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LEONES PRO
2 years ago
yes I agree, good stuff, also all the other indexes
+1 Reply
2use
2 years ago
Have to agree as well, just today checked it on a larger scale as well - it did hit the resistance and may go down for another leg
Reply
Technician TOP 2use
2 years ago
True, a bearish gravestone doji candle at that resistance.
Reply
2use
2 years ago
Back to square 1
Reply
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