PRO_Indicators

NIKKEI / M1 : approaching a massive technical resistance

TVC:NI225   Nikkei 225 Index
This analysis shows that several Elliott wave counts might be about to reach an end point soon (it's monthly based to this could take up to a year or two)
But if we compare this analysis to the one I made on SPX earlier something ticks me up. We seem to be far ahead on nikkei regarding the cycles development.
I'm wondering if the next crisis could come from Japan instead of Europe or China as most investors would bet on nowadays.
Today Nikkei is by far the most bullish index but my analysis tends to say it could also be one the first to reverse bearish .

I'll closely have a look at what prices will do when entering this cluster area slightly above the current prices.

Hope this idea will inspire some of you ! I'ld appreciate any like/follow if you feel like it deserve it ;)
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