NIKKEI 225 4h (13.Sep.2014) Diagram Technical Analysis TrainingThe NIKKEI 225 Japan Index (JPN225) 4h Diagram Technical Analysis Training shows the following:
The JPN225 index seems to give up the effort to breach the 15930 target.
So the first think in mind is the KUMO approaching. MACD & RSI are both marginally bearish.
We have no special candlestick pattern.
There is no special diagram pattern.
The indicators shows the bearish way. So short for Support line and stop loss above 15930. .
Nikkei 225 JPN225 CFD
NIKKEI 225 4h Diagram Technical Analysis Training The NIKKEI 225 Japan Index (JPN225) 4h Diagram Technical Analysis Training shows the following:
The JPN225 index has made a reaction from EMA 200 towards to Kijun Sen and then it declined towards again to EMA 200, finding support at Tenkan Sen. The index is into the KUMO.
So the first think in mind is that JPN225 is into the KUMO without a clear trend.. MACD & RSI are both trying marginally bullish.
We have no special candlestick pattern.
There is no special diagram pattern.
So the only think we have is the resistance line. Long above it and of course above Kijun Sen, stop loss or short under the EMA 200 or KUMO (the KUMO has twisted).
NIKKEI 225 4H Diagram Technical Analysis Training EURSessionThe 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 special candlestick pattern.
The uptrend and the pattern looks like a hook.
Look the index for EMA 200 first. If it stabilizes above it long for KUMO. (watch the Chikoun Span too). Stop loss under the Kijun Sen.
NIKKEI 225 Daily (29.06.2014) Technical Analysis.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 diagram are bullish.
So the first think in mind for Monday is the case of a reaction from here in order to reach the previous support line or a short movement towards to Kijun Sen (blue line). As you can see on the diagram the lower support line could give a reaction from here. MACD and RSI both say sell.
We have no special candlestick pattern. The index is above the KUMO, Tenkan Sen & Kijun Sen too.
There is no special pattern. The fib from 13953 to 15189 (projection) shows support at current level. If the Index declines from here the next target is the 0.764 of fib (14897) that meet the Kijun Sen support.
So I think that the JPN225 will reach the 14897 with MACD the only indicator for these thoughts.
Nikkei 225 in Critical Point Daily (Weekly is more possitive)The Nikkei 225 Index (JPN225) is in critical point just on the top o KUMO, with long signals from MACD and RSI. The weekly chart of JPN225 is more positive because is over the KUMO and it tries to reach the Kijun Sen.
The JPN225 will force the bullish movement If it get over the KUMO the next days. Otherwise some more consolidations is in favor in the cloud. If it gets over the cloud it will brake the downtrend channel and that would be another strong bullish indicator.