This is an update of my forecast of the probable direction in price of Nikkei 225 using the Ichimoku Indicator. GLOBALPRIME:JPN225
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I am still Bearish the Nikkei 225. Price has not " stuck to the script " but as I mentioned in an earlier post, the Nikkei generally follows the lead of the U.S. Indices. U.S. Indices have been showing mixed signals and so follows the Nikkei. Ranging downward is the probable direction I am forecasting.
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