Nikkei is headed to 100k+ in next 5/8 years, long term consolidation below ATH, leading to aggressive expansion upwards.
BOJ intervened for the first time since 1998, to prop up it's the YEN, with some speculation they likely sold a lot of their massive reserves of long end (10-30 year) US T Bills to buy back the Yen. This hypothesis appears supported by the lack of short end yield movement at 4-5a, EST at time of BOJ intervention announcement late last week. Of note in this chart...
Hi guys the Nikkei is in a strong uptrend looking to buy the dips is a wise choice. Note we are in the midst of completing a diagonal so we're looking to break the top in the end. Exercise patience and risk management. Thanks A Million Times & Trade With Care
President Trump Yesterday brought a New Year's gift to investors around the world, tweeting that he and Prime Minister Liu will sign the first phase of the China-U.S. trade deal at the White House on January 15 and will visit Beijing later to begin negotiations on the second phase of the agreement. This is undoubtedly an important message, indicating that the...
Wait for TD9 Setup to start countdown and look for shorts...see if history repeats here. Good luck