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Japan 225

Japan's NIKKEI225Nothing too surprising here, crash, flag off the lows. It, too, like some of the other indices, looks ready to roll over. It's out of that flag and is presently pressed hard into a coil. To interpret that as a move up would require us to believe that it can break the multi-decade trend line above it (red). I find that to be incredible, frankly, largely because of the fundamentals right now, and the long-term technical picture. Long-term chart looks like the last thirty years has been a huge zig zag correction pattern. I see nothing bullish about this until we get back to the bottom again and there is really just no room up right now. That's a doozy of a move. And shelve this for anyone who thinks endless central bank balance sheet expansion will turn out well.
TVC:NI225Short
by CHTradingGroup
1
When Stocks Go Down, So Does BitcoinBearish sentiment is affecting all markets today as investors appear to be de-risking, selling liquid assets for the safety of instruments like cash, said Neil Van Huis, director of institutional trading at cryptocurrency liquidity provider Blockfills. “Looks a little risk-offish on all risk assets across the board,” Indeed, major stock indices are all in the red Wednesday. In Asia, the Nikkei 225 of publicly traded companies ended the day flat, down 0.07%. Concern about increased coronavirus infection rates in Japan led to some selling pressure. In Europe, the FTSE 100 index dropped 3.1% Wednesday. The prospect of U.S. tariffs on U.K., French, Spanish and German goods dragged the index lower. The U.S. S&P 500 stock index lost 2.6%. The round of stock selling has been attributed to concerns of the coronavirus pandemic’s resurgence in some states. June hasn’t exactly been a winner for bitcoin so far, but it’s not like stocks were hot either.
TVC:SPX
by danielcawrey
Land of the Rising SunIt is normal that we tend to look at our neighbours garden and think how pretty the lawn is and the neat rows of flowers they have. Sometimes, we over focus on outside of our own markets and neglect what's nearer to us. In this case, we made the assumption that just because US is a big market, we should give it more attention and in doing so, we blind ourselves to the opportunities that are nearer to us. Japan has moved way ahead of the US markets as evidenced on the charts. The amount of economic stimulus that Prime Minister Abe is injecting into Japan is simply staggering. Read article here It has breaks out of the resistance level at 20,603 and is moving higher towards 24,000 mark. Wait for pullback, goto smaller time frame for better price entry. Now, there might be little or no co-relation between Nikkei 225 and DJIA but can we say, both countries are injecting trillions of dollars into their economies ? US may be affected in the short term due to the HK saga with China and the President may have something on his sleeves that nobody knows. I am of the opinion that bringing the market down is not to his favour in view of the upcoming election. Let's see how this week the market performs.
TVC:NI225Long
by dchua1969
Bottoms UPSometimes, when your life is too routine and the things you are exposed to are more or less the same, you become complacent. Go to work, come home, cook dinner, play games, sleep. Repeat and rinse. In trading/investment, it can be the same as well. If you stick to your own local markets, the companies that are very familiar with (strong brand name, you are the customers for years, good review, etc), then you might missed out good opportunities. Good opportunities such as markets in Thailand, Korea, Japan and Malaysia. For STI (SG market), it has only rebound from the bottom of 23 March around 22%. If you do some research, reading the news, etc you would know that these markets are faring better than STI. They went up on average 43% from the bottom. Why wouldn't one want to make more money given the same time frame? Risks? Unless you are venturing into the stocks in these countries which your broker might charge for a higher commission and custody fee, you are better off looking at the ETFs in these countries. KLSE index (Malaysia) is EWM ETF Japan index is Nikkei 225 index (futures) which most platforms will have or EWJ ETF SET index (Thailand) is THD ETF KOSPI index (Korea) is EWF ETF Please do your own due diligence as the above is an example only. There are many ETFs that invest in these countries that offer different components mix and expenses. You want to look for one that offers the lowest . I remain cautiously bullish on Asia markets now that the various countries are slowly reopening their economies and businesses are coming back as well. The consumers would still have to accept some inconvenience like putting on masks, keeping a social distance, no dine in at food outlets,etc. Other than that, being able to resume back to their pre-Covid 19 days is liberating for many who find staying at home stressful and suffocating. Again, this chart is not exhaustive as comparing all available tradeable Asian countries would make the charts looks confusing. So , feel free to make your own index and/or ETFs comparison and decide if investing outside of your country is worthwhile, offering you a better ROI, etc.
TVC:STILong
by dchua1969
Possible scenario if America adopts NIR policy It was in February 2016 when Japan adopts negative interest rate policy. For the next 6 months or so, the stock market barely moves, consolidating between 15000 to 17000 range. In Sept 2019, President Trump tweeted about his support for zero or negative interest rates policy and pressured FEDs to do it asap.In May 2020, he renewed his calls once more,claiming other countries are already enjoying the gift. This is what the Fed's chairman, Jerome Powell said : “When you have negative rates, you wind up creating downward pressure on bank profitability, which limits credit expansion,” Powell said in a congressional testimony. President Trump is running out of time, with his reelection coming up in November 2020 and he needs to prop up the stock market to a new level. Could this NIR policy be his saviour ? If the bear camps are right about this recovery as too sudden and premature, then we could see a retest of the March low again. (yellow) Alternatively, this V-shape recovery could already be playing out and shooting for a new high. (blue)
FX:SPX500Long
by dchua1969
3
Nikkei - rally after a triangle patternThe Japanese main stock index - Nikkei 225 - has rallied after the completion of the ABCDE triangle pattern. The market jumped strongly towards the recent strong resistance which could be located near the recent tops (23980 pts). If this area is broken we would expect another rally maybe even to 30000 pts. The technicians could also look at the stochastic oscillator how the price would react if it reached the overbought area. ________ Daniel Kostecki, Chief Analyst Conotoxia Ltd. Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and educational purposes. Personal opinion of the author does not represent and should not be constructed as a statement or an investment advice made by Conotoxia Ltd. All indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
TVC:NI225
by Daniel_Kostecki
Elliott Wave View: Further Upside in NikkeiShort term Elliott Wave view of Nikkei (NKD_F) suggests that the rally from 5.14.2020 low is unfolding as a 5 waves impulsive Elliott Wave structure. Up from 5.14.2020 low, wave (1) ended at 20830 and pullback in wave (2) ended at 20247 as chart below shows. Internal of wave (2) unfolded as a double three (double zigzag). Down from wave (1) at 20830, Wave W ended at 20515 as a zigzag, wave X ended at 20685, and wave Y lower ended at 20245 as a zigzag. Index then resumed higher in wave 3 which ended at 21730. Subdivision of wave 3 unfolded as another 5 waves in lesser degree. Up from wave (2) at 20247, wave 1 ended at 20550 and wave 2 ended at 20465. Wave 3 ended at 21370, wave 4 ended at 21150, and wave 5 of (3) ended at 21730. Pullback in wave (4) is proposed complete at 21410 and Index has resumed higher by breaking above wave (3) again. Near term, while pullback stays above wave (4) low at 21410, but more importantly above wave (2) low at 20247, expect Index to extend higher. As far as pivot at 20247 low stays intact, dips should find buyers in 3, 7, or 11 swing for further upside.
CME:NKD1!
by Elliottwave-Forecast
NIKKEI INDEX, Confirmed Tripple Top, Further Continuation Ahead!Hello Traders Investors And Community, welcome to this analysis about the current stock-market and its situation, we are looking at the weekly timeframe of nikkei index and there are some meaningful signs which I discovered that will affect the price further next time. As the nikkei index is one of the major leading indexes representing the global economic spectrum it has its value in the current situation, the corona fears on the markets had hit the index similar to other major indexes as the spx 500 but the formation before is different and the ongoing price-action can be different to other indexes. I highly recommend that you watch the analysis where I point out the overall distributional events hitting the stock-market as an example in spx 500 to have a full-depth-overview about the current situation. What is from high significant importance in the nikkei index price action that was built the weeks and months before the crash that it is actually a triple top which is a rare formation in global markets and signals the heavy reversal of the before established uptrend. As you can see in marked in my chart with the blue circles the third top confirmed the overall high in the structure before the corona-breakdowns happened and the market crashed down below support. The snap-back movement from 16470 to the actual price condition was neutral and normal after such a volatile move to the downside, there was also a breakaway gap that was filled but as we are approaching resistance here in the structure the continuum of the before established downtrend may come faster as expected. At the moment we see the index exactly confirming the neckline of the Tripple top which you see marked in orange in my chart, this level at 20500 is actually also building a coherent and logical bearish resistance-cluster because it is corresponding with the 200-EMA which you see marked in black, this is an important EMA because it was support in the uptrend before and now it is resistance, mixing these significant signs all together we currently trade at an important resistance which will be realized when we get a sudden pull-back in the lower direction again as marked in my chart. The targets which you see in my chart will be realized when the index confirms below the lower boundary light blue-trend line, this will add to the bearish shape we actually have in the market. When considering the local support to behold at 18600 it is possible that the market moves one leg more to the upside but the question is if this move will be strong enough because there is a bunch of resistance which shouldn't be ignored. This formation is playing into the overall stock-market situation which has a bearish shape. Some people believe that the bear market in stocks is over now and that we will see new all-time-highs in the major global markets but the percentage possibility for this scenario is at the moment pretty marginal because the real economy is still struggling with global corona restrictions and otherwise the economic landscapes still do not look worthful. When the little possibility fulfills and stocks see new highs the further bear-market which is coming will just be more dramatic and heavier, therefore, we need to concentrate on the anticyclical truffles within the markets which are going against the trend and profiting from the crisis. In this manner, thank you for watching the analysis, support for more market insight and all the best ;) Prosperity is the blessing of the old market, adversity is the blessing of the new. Information provided is only educational and should not be used to take action in the markets.
TVC:NI225
by VincePrince
3