Japanese Equities look vulnerable again for early 2019
Updated
=> Japan is in a party of its own with inflation flopping for the millionth time again this year. This was not enough to keep equities afloat and here the risk of returning to 19,222 is significant.
=> Tracking 21,240 - 20,975 like a hawk. Breaking below these levels will imply that we are continuing the downtrend since September.
=> Taking these lows will open up an additional -9% to the downside which will be extremely tradable for the first Quarter of 2019 and beyond if the dark clouds keep coming.
=> Best of luck to those in Japan and Japanese Equities
=> Tracking 21,240 - 20,975 like a hawk. Breaking below these levels will imply that we are continuing the downtrend since September.
=> Taking these lows will open up an additional -9% to the downside which will be extremely tradable for the first Quarter of 2019 and beyond if the dark clouds keep coming.
=> Best of luck to those in Japan and Japanese Equities
Trade closed: target reached
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