JAPAN STOCK. Clear enough for you to see the technical background. Price is respecting a very strong trendline Resistance, showing us some indication of possible down move to our 90% rule target, a rising wedge happening at a major resistance trendline. Don't be trapped by the market markers, cause thinking in probabilities price might break the trendline thereof...
If no giant sea monster invades the land, their stock market has a shot at going back to ath.
Right now we are fighting this very important - actually much more important than ath - resistance, but we can see there is bearish divergence on the monthly chart.
And there are many reasons as to why we do not go up. A correction is necessary and I think will happen in...
