Sforex

Idea for Nikkei225 next week

Short
FX:JPN225   Nikkei 225 Index
1
Base on my analysis about S&P500. If I bet on the bearish trend of S&P500, the result of Nikkei225 is act in the same way because Nikkei225 and S&P500 has a strong correlation.
Moreover, look at on the chart, there are lot of signals for sell of Nikkei225 now. all main indicators also show the same result: Strong divergence occurs.

Thus, I believe Nikkei225 will fall down next week.

This analysis is basic to analyse USDJPY.

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