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TOPIX Index Chart

 

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luahawaii luahawaii PRO TOPIX, W, Long ,
TOPIX: Strong close on Topix targets 1675-80
6 0 3
TOPIX, W Long
Strong close on Topix targets 1675-80

Weekly close at around 1611 should take the Topix to the Summer 2015 level of 1675-80.

denhous denhous TOPIX, D, Long ,
TOPIX: Japanese stock market to grind higher
14 0 3
TOPIX, D Long
Japanese stock market to grind higher

TOPIX might be heading higher supported by cheap valuations relative to the US stock market and possible rotation from US equities. I personally am a little too uneasy about the Japanese economic risks to go long here but for a person that doesn't feel that way, this might be a good entry point.

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