Technician

Nikkei: Another Bearish Leg?

Short
CME:NY1!   None
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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