The Nikkei 225 Index (NI225) has been on a massive bull-run since 2008. Total growth goes beyond 470% from bottom to peak.
➖ The bottom hit late October 2008.
➖ The All-Time High (41,087.75) hit March 2024.
As the NI225 hits a new All-Time High many bearish signals started to develop.
To start, we have multiple weeks of bearish action.
The classic rounded top...
Esteemed analysts and traders,
I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
Price above the monthly cloud timeframe
Price above the weekly cloud timeframe
Price above the daily cloud timeframe
On the H1 timeframe, I'm waiting for the price to move above the cloud to signal a buy setup.
Hello everyone. i want share my idea about Nikkei index.
First i want introduce what is that index. Nikkei (Nikkei 225 stock average) is a price-weighted index which composed of Japan top 225 companies which traded on the Tokyo stock exchange.
This index was long time almost 2 years in bullish trend but Japan government decide to take care for yen and they are...
NIKKEI VS JPY/USD
Both seems to be diverging which translates an inverse relationship. Strategy to follow here is as NIKKEI keeps up momentum, then short the JPY/USD is a good bet and Vice Versa
Hey Traders,
The strong accommodation supplied by the BOJ with their rate setting approach has allowed for continuous growth in the japanese stockmarket.
This needs handling with care. Will it last?
Watch for more.
If the NIKKEI 225 index is consistently trading below the trend line and the trend line acts as a resistance level, it suggests that the bearish sentiment is strong, and the index is likely to continue its downward movement. Traders often look for additional confirmation signals such as price rejections or bearish candlestick patterns to strengthen their analysis.
Implied fair value gap averages shown by grey box on top and bottom in the SL area. Expecting price to hit one of the two areas then move back towards the mid line center in green tp area
iFVG is purple lines
JPN225 is showing a perfect bearish trend according to DOW theory. FIB numbers also shows that it is moving upward to make another LH but if we look at RSI indicator it is showing divergence at value below 30 so will avoid trading and will wait until the RSI is neutralized and trend is not broken.
JPN225 is showing a perfect bearish trend according to DOW theory. FIB numbers also shows that it is moving upward to make another LH but if we look at RSI indicator it is showing divergence at value below 30 so will avoid trading and will wait until the RSI is neutralized and trend is not broken.
I am now moving to a full 90 to 110 % long PUTS in spy and dia I am waiting to be filled in the QQQ puts at some point today We can see a cycle due 4/8 turn
Dear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...
