Descending Wedge into Death CrossThe NI225 has formed a descending wedge pattern that may cross over the 200/50 Day MA to form a Death Cross.
Last NI225 200/50 Day MA Death Cross was the result of Covid Shutdowns in March of 2020.
JAPAN225CFD trade ideas
Nikkei 225 looks tempting
11% already looks tempting
good idea if you wait for the bigger move down
also good to go directly if you are more like an investor :)
NIKKEI is in diagonal, bounced down towards $22,600It seems like building 3x3x3x3x3 ending diagonal structure since 2016. Each wave subdivides on 3 (ABC) with pretty equal A and B. This hypo will be confirmed if now it goes towards 22,600 - which may be a good opportunity to buy in.
Stocks - What Next?Idea for indices:
- As expected, Robinhood IPO was the trigger for global sell-off (other factors involved obviously, but I have been posting about everything macro related in other posts).
- China continuing to lead down.
- Look how the deflationary wave hits HSI > Nikkei > EU > US. Dome tops forming everywhere.
- ECB actually has greater QE than US, so EU index performance is a critical tell for deflationary forces vs. QE.
- Watch China Tech ETFs to lead US indices down. Managers will need to also liquidate US positions as their portfolio % exposure becomes overweight.
I've been enjoying watching Nikkei lately - it just broke a critical support and 200 DMA (6m low), officially a bear market if it consolidates losses. However, it is still holding 50 WMA and 200 DMA in real performance... waiting for US markets for confirmation.
Bearish bias here, turning point is due. Aug 2 debt limit will be in focus. Early August is my trigger for reversal confirmation. If it holds, we can back off and try again later, but rugpull is definitely due.
Already short US indices (long vol).
Nikkei real performance (relative to currency):
Here is what I think will happen to Nikkei next:
GLHF
- DPT
Long Term for JapanAfter the 5 waves up complete from the 2009 low what is next? Either a wave 2 or a C wave in a larger flat.
Bullish flag on 225JPY. Price failed to break previous low creating today a higher high on the daily chart, indicating a possible market structure shift. RSI three touch bullish divergence. Market structure broke previous minor resistance adding another confluence. Overall bigger trend is bullish while minor trend is bearish. Looking for a break of the flag and continuation. Usually this patterns take a while to break so will be taken as a swing trade.
JICPT| NIKKI225 short at the top of the downtrend channel(Japan)Hello Nikkei 225 traders. This is a very clear chart trading on the daily.
1. Downtrend channel has been formed and respected since Feb.
2. MA crossovers.
3. Sell setup at the top band.
Japan 225.. Missing nice moments.. always the yellow line the price will play the most.. whenever it breaks it up or down, it will go back to it no matter how long.. the comination between the vwaps gives u the best result.. what if u support ur chart with the STC and price action candle
JP225USD Long Pivot: 28480.00
Our preference:
long positions above 28480.00 with targets at 28685.00 & 28780.00 in extension.
Alternative scenario:
below 28480.00 look for further downside with 28380.00 & 28280.00 as targets.
Comment:
a support base at 28480.00 has formed and has allowed for a temporary stabilisation.
Selling ur positions Better to sell ur positions now.. it will reach the 3rd resistance line but slowly
NIKKEI 225 INDEX , TVCWe Need Profitable Deals Not a Lot Of Analyse And Indicators
Good strategy = 80% Easy Money
Nikkei Heavy Downward PressurePrevious 102 days = 52 green, 50 red, and the Nikkei has still lost 8.3% (-2,550)
Don't overthink it. The pressure is heavy and the trend loves you. 💜
Need to get over 29,000 to reverse trend.
Nikkei | Potential Bearish Nikkei potential bearish target 26605
Resistance 1: 29048
Resistance 2: 29314
Nikkei Options Strategy for coming monthsThis is an idea for trading INDEX:NKY options.
In recent months, Nikkei index did experienced some volatile moments, however, they were all short-term momentum that they were unable to be met with trends that lasted for months or even weeks.
The author of this article believes that this trend to continue.
So, I suggest opening an Iron Condor spread which captures the prices between the lines drawn.
Bearish on NikkeiNI 225 looking to consolidated. Like IXI, we are more or less at the beginning of the downtrend. Some goals are provided in purple as well. RSI show dropping momentum.
None of the above is financial advice, please do your own research - your trades are your trades.
