GK change of name next week to winen discussion is a good idea. So to is to include Japan. Anythink for grand-pa! How did the little "don burke" go? How did grand-pa hold up?
Japan @ 14792. Not a market I have followed but here goes. 2 months ago was at high of 16200+. 2 weeks ago was low @ 14000. Since then it has been trying to rise but 8 of last 11 days it has touched, but failed to break, 14850 ish. Strong resistance! This is also approx the EMA10 line. It is forming a rising wedge. For me it would take some really good news to get this moving up. e.g. good GDP growth number. It's GDP numbers have been sheet for some time as any watchers would know! Could be a short on any bad news for Japan. It, like DOW can have intra-day range of 200 points.
Your research r.e. china property is no surprise really. Probably a long time coming. One to watch for general confidence and commodity demand implications. I suggested China 50 (what ever that is??) is a short. This research is consistent.
