Nikkei has been unable to regain trendline and is probably a harbinger of the fate of other markets. See chart 1.
Some markets are showing a third leg up with each leg smaller than the previous, an ominous sign. Others a divergence and lower top.
Our market is still constructive on a daily basis but time appears to be running out.
US markets MAY have one last up move.
Danger lurks and any day now will see a very sharp down night. We may have up to a week to wait at the outside IMO.
Nikkei has been unable to regain trendline and is probably a...
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Last
8,252.8 |
Change
38.300(0.47%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,214.5 | 8,271.8 | 8,214.5 |
| XJO (ASX) Chart |