NI225 has closed positive for 9 consecutive weeks !
Is it about to reverse?
This chart shows the weekly candle chart of the Nikkei Stock Index from the end of 2019 to the present. The graph overlays the line between the low point in 2020 and the low point in March 2023, the line between the low point in 2023 and the sub low point, as well as the horizontal...
SPX Look how interesting. After this crisis that we are experiencing with the corona virus, several opportunities have arisen to buy assets over sold and giving a great asymmetry that is ridiculous. But, everything is not flowers, the government had to print money like never before, causing the dollar to depreciate and inflaming the consumer price index. Making it...
NI225 broke a weekly uptrend and did fall down to the 50 fib zone and hit bottom Bollinger band, there should be retracement back to the trend around 29106 zone, this entry is safer but we can also look for an entry around 28049 since there is also a strong weekly support, after the retracement we are looking for a short position which we should hold until 23651...
I'm loaded into Asian markets so quick sketch of the Nikkie to identify exit point.
Still more upside here in short term but can't compete with the India+ markets
Best, HF
HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE NIKKEI 225 OVER VIEW BASICALLY FOR DIRECTION, OVERALL PERSPECTIVE & DIRECTION OF THE INDEX.
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing...
Nikkei 225 - Great Trade Opportunity!
What a great set up, right? I've been shorting NI225 for while. If you're subscriber of our weekly newsletter, you probably got in earlier at a better risk/reward! If you are subscriber - Thanks I appreciate it and if you aren't you're missing out! I post my analysis late on Trading View for great trade ideas...Subscribe now...
The index, which continues to rise with the reaction following the fall after Covid-19, is still following its rising channel. However, it has not broken the downtrend, which is shown in red.
Will it be able to test 24600 levels by breaking its downtrend in August with support from its moving averages or will it return to 20700 levels?
Only personal opinions...
Can the Tokyo Index retreat to its long-term trend after strong sales that may follow the rising wedge formation?
So if this index is so negative, what would Europe, UK and the USA be?
Only personal opinions and ideas. Does not Include Legal Investment advice...
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💡 NI225 technicaly indicators showing we can expect higher bulish market continuation, FIBO 0.382 which is in...
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
