But Will the Nikkei 225 Play Catch-Up to the S&P500 SPY? Or is this a massive divergence that presages a sharp decline? Time will tell! What do you think? Tim 2:12PM EST Wednesday, August 27, 2014
Nikkei 225 Index looks like being above the long term Wolfe Line again, However it may possibly be only Gap filling which is ending of wave B. I think wave C downtrend has started if the Green Line would not be broken. Its direction is still downward...... Nikita FX (climbingfx.jugem.jp )
All major indexes are either at the point of retesting or heading there soon, in much the same order as we have seen them move lately. Do these levels become support or resistance? Questions, more questions than answers these days.
This week we will see the EMA (50,100,200) and MACD,RSI for various diagrams. The Nikkei 225 Index (JPN225) Daily Diagram Technical Analysis Training shows the following: The JPN225 index has made a correction decline last two weeks and it reacted exactly on EMA 100/200 last week. There is a sense of bull market because EMA 200 support EMA 100 (first circle) and...
I will look to sell the NIKKEI225 as it stays below 15778 Follow all my forex trades at MyfxBook: www.myfxbook.com Disclaimer: www.traderwgun.com Twitter: twitter.com Tradingview: www.tradingview.com Mail: traderwgun1@gmail.com Good luck!
The NIKKEI 225 Japan Index (JPN225) 4H Diagram Technical Analysis Training shows the following: The JPN225 index has made a sharply reaction from Friday towards to KUMO cloud above the support line. The weekly diagram is neutral. So the first think in mind is that JPN225 will or not find resistance from EMA 200 first. MACD & RSI are both bullish. We have no...
Contrary to the weekly and major outlook for Nikkei, there is a possibility of a run after a break of the triangle. Drew some possible trajectories, but use on own risk. Strong resistance ahead from the long term tops
The NIKKEI 225 Japan Index (JPN225) Daily Diagram Technical Analysis Training shows the following: The JPN225 index has made a sharply decline towards to KUMO cloud last week under the resistance line. The weekly diagram is bullish and monthly diagram is turning bullish. So the first think in mind is that JPN225 finds support from KUMO. MACD & RSI are...
The NIKKEI 225 Japan Index (JPN225) Daily Diagram Technical Analysis Training shows the following: The JPN225 index has made an uptrend movement above the KUMO cloud last week above the Tenkan Sen (light green line) and Kijun Sen (blue line) too. The weekly diagram is bullish and monthly diagram is turning bullish. So the first think in mind is that JPN225 has...
The NIKKEI 225 Japan Index (JPN225) Daily Diagram Technical Analysis Training shows the following: The JPN225 index has made a decline above the KUMO cloud last week under the Tenkan Sen (light green line) and Kijun Sen (blue line). Now the Index has breached the support lines and has reacted and stopped exactly on the Kijun Sen and 1 of fib. The weekly diagram...
The NIKKEI 225 Japan Index (JPN225) Daily Diagram Technical Analysis Training shows the following: The JPN225 index has made a long movement above the KUMO cloud last month but a decline movement toward to Tenkan Sen has happened last week. Now the Index has breached the support line and stopped exactly on the Tenkan Sen (light green). The weekly and monthly...
I am assuming these two wave scenarios (A & B) with Nikkei 225 Index. It needs more consolidation until the end of Oct. A scenario: breakout pattern through the long term resistance line due to filling Gap 1 & 3 B scenario: breakdown pattern due to the long term resistance line (& maybe Gap 1 resistance) Cf: Gap 1=15485.02--15690.45 Gap...
After a long run , there is a pull back since Jan 2014. the down trend is broken and it is a good opportunity to go long, with a nice continuation pattern. The entry point can be one of the Fibo retracement levels, and can be done in 2- 3 stages.
I had mention to my weekly tech analysis (link related idea below) that the first target for JPN225 was 15054. Now the index has to get over the Kijun Sen of the weekly chart but.... In the daily diagram that I see Chikun Span gets over the KUMO already (look at first light blue circle) and the SPAN A gets over SPAN B (Second light blue circle.) If you take in...
Nikkei 225 Index Daily The Nikkei has lagged behind the other major indices, from its 3/1/14 high at 16300 and has consolidated for 6 months. Continued to underperform on the back of the sideways trading USDJPY. Its recent action is encouraging, breaking out of the 2.5 months Wedge, clearing the 100 and 200 sma, and downtrend line, it targets 15163, 15410...
The NIKKEI 225 (JPN225) weekly chart shows the following signs: Exactly from 6/2013 NIKKEI had been in two channels with different trends. Now it seems to change the trend one more time for upwards. Technically RSI>50 and MACD will be bullish on Monday. Last week the Index with a long candle got over the Tenkan Sen. Next target it seems to be the Kijun Sen at...
Here are some trade setups that I thought you might want to consider: SETUP FOR TRADE: 1. 2-Month low for range movement indicator. 2. CCI reading > +100 3. Break previous day's low. 4. Risk 3 Average Ranges. 5. Cover when CCI <-100. 6. Or Trail stop by 3 ATR behind lowest close. This generates a few trades with the first being a losing trade. The...