CME:NKD1!   NIKKEI/USD FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
The elections on Sunday, could very well be a buy the rumor sell the news type of event. The markets have priced in the postive outcome of a dramatic Monteray policy change to further easing. On a technical basis, the USDJPY is the driver of the market, correlation is 1.0 with the NIKKEI 225 . so any selloff in the near term will obviously affect the NIKKEI 225 . This is however a near term macro + technical correction. IMO the USDJPY will go alot higher, the base case for most Insitiutions are up to 100 in the USDJPY . Who's going to gain on that backdrop? Japanese exporting companies.

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