Nikkei 225 JPN225 CFD

The Nikkei has broken out of its multi-month ascending triangle. If resistance at 24.2 zone can be overcome, targets are 24.4 area and 25.8 area.

I think that the range of 22000-23000 will not last long. Following the course, July 2: It penetrated down 22000 that is the neckline of the blue double bottom. July 5: It was bounced back by YPP (P) and returned to the range. July 9th and July 12th: It went up as attacking the short entry on July 2nd while swinging around. After the movement of attacking...

Resistance at 20,963 established in May - Aug 2015, has now become support. Bullish trend is intact.

For discussion purposes only ;) what are the odds of having a long-term double top/M-pattern being formed? Current short term C wave shows already some weakening price action. The 15 min starts a corrective move, that will in itself create an hourly bearish move down. There is still a huge run to go on the weekly to have a confirmation of the M patter, but if...

JPN225 Safe Trades;

FX:JPN225 Safe Trades;

The blue line is the DJIA. Implies NKY ramp in 2 Dec Asian session, which in turn implies another JPY fade.

FX:JPN225 Safe Trades;