NIKKEI 225 back in positive trend channelThe Nikkei Index had left the positive trend channel after forming a diamond pattern. It fell on the support at 20.600 (fib retracement 61.8%) and rebounded on this level.
Since march 26 it has risen with volatility and reached the lower limit of the trend channel.
It took some days to break through this resistance and it is still not for sure that it´ll stay inside the channel.
Watching the indicators RSI and ADX - they signal a positive trend. This is why I think NIKKEI will remain in the channel.
If so it should climb up to 22.760 and close a gap (feb 06).
This is a hard resistance and we´ll see if there is enough momentum to come further.
Stop:
If the Index falls back well under the lower limit of the trend channel and / or breaking through the neckline of the diamond pattern at 20960.
Nikkeitrade
Japan's stock market may be poised to break higherThe chart shows monthly bars on the NIKKEI 225 future. The index is returning to the 21000 key level, a level its failed to surpass since 1992. Price is above its 52 week Moving Average, and momentum is up for the only second time since the 1980's.
Whilst the rest of the Worlds post Global Financial Crisis recovery began in 2009, Japan's was delayed until the massive stimulus by Prime Minister Abe in 2011. This was offset by a JPYUSD fall in almost perfect sync. Interestingly the recent rally in 2017 has been positively correlated to JPYUSD, demonstrating that the rally is driven by higher inflation and growth expectations, building a solid case for further gains.
In summary the case for a Japan bull market is:
1. Improving earnings outlook with a strengthening domestic economy
2. Currently attractive equity valuations compared to developed market peers
3. Inflation picking up
4. Continued monetary stimulus
Nikkei (30/1/18) *This Baby is WeakIt is good to see the Nikkei index is doing exactly what we expected.
It shall go to 22972, 22700 level.
It has a better edge to stay on Short/Sell side right now.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery dot com is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
Nikkei (9/1/18) *Treat Your Positions As Your AmmoWe are a massive rush in this index and almost of shorts get stopped out upon the breakout.
Now it is forming a new base near 23,470 or 23,000 level.
It is still in an obvious strong uptrend but it also "still" chances to swing back to these obvious levels; 23,470 or 23,000 level.
DO NOT short with big lot size and ready to run if things do not look good.
Trading isn't you. Your positions don't represent you as there are other variables involved in the way they move.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
short at 23600 for target 23000 old support so is 580 pipsshort the nikkei at 23600 as all stock ,in oberboght + euphoria,maybe the mast rally before a big correction,but for now i will wait the real signal and play just sup and res
But true that is very crazy in stock market like just in feb 2016 you put just 10 000$ on nikkei who was around 14500 and now 2 years after at 23500//humm you get a big jacpot and same for all other stock just they down a little you buy again...totally a buble and for my view when it will corect strong will be a crach
short at 23600
target 23000
gain 600 pips
Nikkei Japan Index (29/12/17) *Calm Before a BIg 2018 stormWe are in prolong sideway movement in Nikkei, It is a sure sign of extreme ranging.
If you use Bollinger band which is not useful or rather a pretty useless one, it will show you sideways tight range too.
It is making a small bullish higher high for now, but it doesn't really say of the extreme bullishness.
Watch important levels such as 23100 or 23400 level.
As long as they are not broken up yet, the bear can still kick in sometimes and early 2018 is very likely.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes, and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery is not responsible for any liabilities arsing on the result of your market involvement or individual trade activities.
Nikkei (19/12/17) *Bulls are not cowering, Do not add shortNikkei is testing nerve of traders. Markets will not always agree with you.
Remember this is what the market does. Whenever there is a winner, there will always be a loser. We should stay out of the kitchen if we do not like the heat.
Anyway. the bull side is fighting back on Nikkei.
To reaffirm the bearishness, we need to see 22,600 level (watch 1)need to get broken again.
Do not add short as this moment. To throw the towel on the bear side. the level need to break strongly above (watch 2) first.
Trade Safe and read the disclaimer, too,
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes, and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
SonicrMastery.com is not responsible for any liabilities arsing on the result of your market involvement or individual trade activities.
Nikkei Japan Index (15/12/17) *BEAR BEARDo not be so bothered a daily nomial swing. It is the best way to get high blood pressure.
I am still standing with BEAR and I am waiting for my BIG pay day.
Let's see. I can be wrong as well.
Trade Safe and read the disclaimer, too,
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes, and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
SonicrMastery.com is not responsible for any liabilities arsing on the result of your market involvement or individual trade activities.
Nikkei Japan Stock (4/12/17) *Bears are still lurkingNikkei ends with a rather heavy candle on last Friday, which is leaning toward Bear.
The market can be irrational sometimes.
But watch big levels such as 22900 or 23400 level, once they are broken up "strongly", the sell idea is no longer valid.
So, the question is "what if" these levels are not broken up, Bear will do just fine.
Trade Safe
s0nic
P.S I am bullish on Yen too, aka bearish on jpy pairs in the longer term.
Nikkei (15/11/17) *Our Sell Setup is paying us wellDid you follow our previous analysis?
We are in the BEAR mode and it is getting more obvious.
We suggest you to stay in BEAR side.
If there is any swing up, 22600 to 22800 region will be a good resistant regions.
Trade Safe,
S0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes, and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery is not responsible for any liabilities arsing on the result of your market involvement or individual trade activities.
Nikkei (10/11/17) *A potential +600 point trade is unfoldingGuys..
Take a look. Yesterday Candle in Nikkei has caught my eyes.
It is clear a sign of strong bear is attacking back.
So, becareful with the long side now especially the price is below 22650 level.
If it goes lower It can swing to 22k level.
Since Nikkei is getting BEAR,jpy pairs shall be in bear mode too.
Trade Safe,
s0nic
Nikkei Stock Index (10/10/17) *Bull with cautionIt seem like Nikkei has no stopping force at the moment and we are still seeing Bullish candle with momentum.
It should stays on its bullish course toward 21,000 as long as 20,700 region holds.
The only thing for the bull to watch out is the thinning of volume for the past 5 days. It shows the sell down can be around the corner too.
Trade Safe,
s0nic
Nikkei index (18/9/17) *Potential Upside This index has one tough nut to crack.
20,000 level will be the imporant one.
But once it is cleared, it can be easily to to 20750 region.
I am expecting it will happen,.
I am standing with BULL for now,.
Trade Safe,
s0nic
Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because im not monitoring this chart all time.
Nikkei ready for landingIn Nikkei, the signs are pointing downwards. There are several signals that indicate falling prices in the Nikkei. On the one hand, the repeatedly tested resistance could not be overcome and on the other hand, the CCI also issued a sales signal.
As a stop loss, the 19,800 is quite good and as a take profit 19,300 is a good choice. This results in an excellent risk-reward-ratio.