Japan 225
Nikkei: Bullish breakout in the dailyWe have a huge level below, and price has formed a daily 'Time at mode' signal.
You can enter longs here, risking a new daily low, and aiming for at least 17405 to be hit rapidly.
This is a technical setup, and it has good enough odds as to risk 1-2% in the position.
Good luck if you take it,
Ivan Labrie.
NIKKEI 225 READY TO CRACKWe are about to break a resistance level. Whilst we couldn't on Friday, judging from the STOCH and the negative divergence of the MACD I would say there is still high negative pressures.
NIKKEI is super bullishwhether you like it or not, it's trend has changed. Stronger JPY is also supporting it.
MACD turning bullish, RSI trendline has broken. Let's go.
Prediction of the S&P500 and NIkkei based on financials and CPIIn the following content i will explain how you can forecast the market with CPI (inflation) and Financials:
If we look at our figure we can say a few things, i will assume them below:
1. ABN AMRO (a dutch Financial) is highly correlated to the NIKKEI225 index.
2. Since nearly May 2016 we can see that the CPI (inflation)-chart has change 5 times. If we look at the Nikkei225 index we can see a few things: when the inflation in the US rose, the Nikkei225 fell 4 out 5 ( a chance of 90% or mathematical: a chance of 0.900). Using maths we know that ABN AMRO has an statistic correlation of 0.70 < r < 0.90 (70% - 90%) to the Nikkei225.
Conclusion: The fInancials are following the NIkkei225, and in turn the Nikkei is following the US CPI (inflation) in a divergence/opposite movement.
3. We can use the inflaton from the US as a staircase for the movement in the S&P500 (on this moment a consolidating market)
Sources: Bloomberg Markets, ING Technical Analyses
NOTE: I don't make any predictions, making decisions based on my reports is at you'r own risk!
USDJPYdownward correction. the price so far has remained upward so if we see the daily chart the price seems to continue this trend which could confirm that on the daily chart the trend continued upward to reach the next resistance which is the 104.91 if you break that resistance will likely see the pair in 105 or even level off as 105.60 but if we see the price bouncing back to 103.00 levels or 102
Nikkei and Short TradesPrice is in the cloud. We have range market conditions confirmed by DMI. RSI confirms price reversal from Senkou A and we have a signal for opening short trades below the low of the signal candle. Stop orders should be placed above 16750 and take-profit orders near Senkou B.
LongNikkeiinput the reason: in a rectangle area occurred level protection.
Take Profit: 16492.500
Stop Loss: 16367.000
Nikkei: Appears to have bottomed for nowWe can enter longs here (or in AUDJPY, like I reccomended to my clients), risking a small drop below low volume support). Risking 0.5% potential upside makes this trade worth it.
The weight of evidence suggests the BOJ will help us make some decent progress on this position soon.
Cheers,
Ivan Labrie.
Nikkei: Long-Term Trend to Upside May ContinueThe Nikkei had been rising prior to it's larger correction from mid 2015 to just about last week.
The market hit a fractal breakout signal to buy in the direction of the persisting overall trend.
Expecting new highs over the longer-term.
BULL NIKKEIAscending traingle and increasing RSI. Weakness in Yen will push Nikkei to test upper resistance.
Nikkei 225 Bearish DivergenceThe resistance levels which is marked on the 4H chart can be a good entry for a short trade. We have bearish divergence formed by MACD and RSI. Place a pending order below 16770 and stop above 16950. Profit target is Moving Average 100. On the daily chart price is near up Bollinger Band and it can be an additional confirmation for possible down movement.
7) Dow Jones: Just a little more effort before the collapseAugust 15, 2016
I already have discussed my opinion about the Japanese and European markets. Correlation matters.
Short @18850 (pay attention of the timing of other important related markets) ^^
6) The Japanese market will help timing the collapse (US+EU)August 15, 2016
Hello folks ! So almost everything is written on the chart. Don't take it for granted, as I do not possess a crystal ball. However, one thing is clear: prices that are displayed vary across brokers' platform(s) for a battery of reasons (Futures, Market Makers, Bid/Ask spread or average price etc.)
There is one thing to take back home though: 50% and mean reversion has always been one of the keys.
The signal is clear here: 17500 is the target and short should be triggered. It also acted as a strong resistance many many years ago :)
Japan is testing a strong daily support zonePrevious trend line (should act as support) and 3 MA lines will try to support $EWJ breakout attempt
If that breakout is real EWJ should bounce from here higher
If it'll close below the 200 days MA line - BOOM! Crash and burn..
Tomer, The MarketZone
www.themarketzone.net
Follow my blog - marketzone.tumblr.com
Subscribe to my Youtube channel - www.youtube.com
Nikkei 225 Moving Higher!Nikkei 225 index has been in a correction and is not moving higher to test the upper trendline.. If broken above it could go higher toward 20000 levels or probably move down and correct further.. Expect current rally to carry further till 17600 levels for the time being. Details are on the chart.
Happy Trading!!
Siraj Hudda, CFTe
Web: www.prowaveanalysis.com
Skype: sirajhudda
Email: contactus@prowaveanalysis.com
Facebook: www.facebook.com
Twitter: twitter.com
LinkedIn: in.linkedin.com
Nikkei Index is a short Shorting the Nikkei is usually an ominous sign for USDJPY. I'm not sure how to trade USDJPY based on the Nikkei, which is why we trade them independently. Regardless, shorting the Nikkei is a solid hedge for the short Yen trade.
NKY - EXPECTING ONE MORE WAVE UP FOR NIKKEI NIKKEI seems completing a correction, so i'm expecting one more wave up on daily.
Bullish on NIKKEINIKKEI seems to be in a 5 wave move up. We've had waves 1,2,3 and currently it's consolidating in wave 4. We should get a small fall for completing 4.c and then a move up.
