Friday, 21 December 2018
Japanese Nikkei 225: 21 December 201, Friday, 11.10am Singapore Time
Nikkei 225: 21 December 201, Friday, 11.10am Singapore Time
Attached is the technicals of Japanese Nikkei 225 going in sync with worldwide financial markets. Nikkei 225 represents an example of some of the weakest market in secular cycle perspective. Even the weakest economy had also broken up super-cycle resistance trend band in double black. Further to that, Nikkei also backtested the supercycle resistance as the new supercycle support (double black lines). Currently Nikkei is backtesting an invisible resistance-turned-support in grey (refer to the double grey lines). Super-Cycle Bull Markets worldwide had been confirmed in 2016-2017. Global weakness in 2018 does not derail the SuperCycle Bull. Expect worldwide governments' fiscal policies to take over monetary tools, and stimulate the bull markets in 2019-2020.