Nikkei- Looking for Multi Month Fall Below 17600

28 lis 2016

On Monthly chart- Nikkei225 is poised for biggest multimonth fall going below 17600- where since 2003 it has finished a corrective structure ABC @20955 Highs.

Since highs of 20955- It has fallen sharply to 16900's & rallied upside in wave-2 @20015 highs -which is critical level for Nikkei & it should not cross above 20015 mark for current bearish structure which is opening up in the Nikkei.

Currently it formed another wave-((i)) & running into wave-((ii)) which has some room for upside but likely it should not move above 20015 marks.

Trading Strategy
Going close to 19500-19750 with critical stops above 20015 or moving below 17600 -we shall look for big bearish structure in the Nikkei--heading into year 2017-2019

13 gru 2016

Zlecenie aktywne

13:08 Hrs 13th Dec2016

Last High@19280's-

1000 points jumped as expected -20015 is the crucial level holding that on top & going below 19000 shall be the first clue that the Nikkei has started its biggest fall post Santa Season 2016

23 gru 2016

Zlecenie aktywne

07:23 Hrs 23rd Dec2016

Last High@19592