Thursday, 11 October 2018
Nikkei 225: 11 October 2018, Thursday, 3.52pm Singapore Time
11 October 2018, Thursday, 3.52pm Singapore Time
(Click on Technical Chart above to Expand)
Attached is the Technicals of the Japanese Nikkei 225 Index reflecting the Japanese economy. All illustrations are self-explanatory on the technical chart. In particular, observe carefully on chart where the current healthy correction will bring Nikkei 225 to: backtest of the grey resistance-turned-support before resuming its large uptrend along the light green trajectory. Note that the first dark green circle on the chart is an example of how worldwide markets such as Japan had confirmed Super-Cycle upwave and the 2nd dark green circle is how the current Super-Cycle upwave had been double confirmed. We are still within the extremely large Supercycle bull market.