Buying financial assets in dips provides an inbuilt margin of safety. Enriching that trade is a currency that is hovering at its near lowest in a decade.
Expected equity gains compounded with Yen that is anticipated to strengthen will strongly propel alpha from the proposed trade setup in Japanese equities.
The P/E ratio based on next 12-months earnings in...
NIKKEI is approaching our first resistance at 22346.7 (100% Fibonacci extension , 61.8% Fibonacci retracement ) where a strong drop to our major support at 21472.4 (horizontal overlap support, 61.8% Fibonacci retracement , 100% Fibonacci extension ).
Stochastic is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop...
