Nikkei On the path of Doom.
Updated
The Nikkei having broken a major trend-line after months is now due for a severe correction over the next few months. Its on its way to 19,000. Its now only a sell on rise. Reasons for the dramatic fall will slowly come out. Can expect a world economic crisis to follow such a chart pattern to validate it and speeden it up.
Comment
one bounce on the lower trendline. On its way lower.Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.