Too early to buy JapanPrice is making lower lows and lower highs (trend lower) and should probably head down to the 60-58 area ! Just be patient and let the market do its job!
Key stats
Previous close
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Open
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Volume
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Dividends Yield (FY)
1.17%
About iShares MSCI Japan Index Fund
ISIN
US46434G8226
Sector
Miscellaneous
Industry
Investment Trusts/Mutual Funds
Website
ishares.com
Headquarters
San Francisco
Short JapanNo reason for Japan to break out to new ATH when the rest of the world isn't. All pumped up because their PM resigned, doesn't fix any real issues.
Overbought on daily
Nikkei broke out of downwards trend.I cannot get as clean of lines in TV as I did in yahoo for this index.
i.imgur.com
I said yesterday it broke out, as it was just over recent downwards trend. (as you can see in the yahoo chart's screenshot, attached is my statement below)
i.imgur.com
This morning it touched the top of the longer ter
NIPPON is back?Multi decade channel with iron resistance level seems to have broken. Retest underway for months.What will happen next?
Short JapanAsia looked weak yesterday and they've been alternating up and down days...
So shorting Japan with next week's puts. Just 15 contracts for kicks and giggles.
MACRO View on EWJ - LongCheck back in a couple of years.. . . .
I'd normally keep an idea like this private, this is more for me than you.
Japan Economy could spike?We are retesting now a 25-year-old resistance level and it's a big opportunity to ride the next Japanese economy cycle.
I don't want to get into the macro-economy details, I am only focused on unbiased TA and for me, this can be a good buy opportunity if the resistance becomes a support, at least th
ewjSaw a big call volume at $70 for June or July. It's got my attention, but those seem aggressive and early.
Bullish EWJPut in a limit order for 69 for tomorrow RTH.
Target 73.
Idea generated by an algo, which has 75% win rate on average for this stock.
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