NIKKEI 225 Index, Daily Chart Analysis 10/28Technical Analysis and Outlook
The Nikkei Index finished lower bouncing off by completing Index Dip 20948 . The next stage for transforming from the bearish down move is Dead-Cat-Bounce to Mean Resistance 22091 . The confirmation of Index Rally 20948 is a must before the bounce must be taken seriously; otherwise, the index is heading lower to Key Support 20616 and next Index Dip 20294 .
Nikkei225trade
NIKKEI 225 Index, Daily Chart Analysis 10/24Technical Analysis and Outlook
The Nikkei Index finished small higher bouncing off the Key Support 21862 zone. The next stage for transforming from the bearish down move is Dead-Cat-Bounce to Mean Resistance 22615 . The retesting and reconfirming Key Support 21862 is a must before the bounce must be taken seriously, otherwise, the index is heading lower to Mean Support 21554 .
NIKKEI 225 Index, Daily Chart Analysis 10/11Technical Analysis and Outlook
Japanese stocks concluded trading session positive on Oct 10, with the Yen currency holding onto the previous day's advance; however, it was only once the wall street opened did the fun begin for the trading day. Today Oct 11 Nikkei Index did react with a negative bias as one were to expect by plunging 315 points or (-3.89%).
The Index did peel-off from its Index Rally 24420 completion, All-Time High 24448 printed on Oct 2, and Key Resistance 24270 .
Currently, we see Leg 2 approaching primary Key Support 22316 , while the market may very well proceed all the way down to secondary Key Support 21862 .
The Key Support 22316 level may hold at this level: however, the dive towards secondary Key Support 21862 or thereabouts in the interim is not to be taken lightly.
NIKKEI 225 Index, Daily Chart Analysis 10/5Implications and Outlook
The Japan Nikkei225 retreated from the more recent highs when it comes to cash terms but late in Thursday session held on to somewhat better than Asian counterparts, by slipping just minus 0.56%.
The index with further long-term bullish momentum has completed Index Rally 24420 and created Mean Resistance at 24270 . For the last three days, Index is heading downwards to find Mean Support 23670 and 23420 respectively.
Nikkei Elliott Wave Right Side Calling HigherHello Traders,
Nikkei short-term Elliott wave view suggests that the decline to 22161 on 9/06/2018 low ended red wave 2. Above from there, red wave 3 remain in progress, nesting higher in an impulse structure. With lesser degree cycles showing sub-division of 5 waves structure in each leg higher i.e black wave ((i)), ((iii)) & ((v)) expected to unfold in 5 waves structure. Also, it’s important to note that the right side is up & instrument is having a bullish sequence tag available in below chart. This suggests that the selling is not recommended.
Up from 22161 low, the initial rally to 22750 high black wave ((i)) in 5 waves. The decline to 22535 low ended black wave ((ii)) pullback.
Then the rally higher from there ended black wave ((iii)) at 24120 high. The pullback to 23817 low ended black wave ((iv)). Above from there black wave ((v)) of 3 remain in progress, looking to extend higher as long as the pivot at 23817 stays intact.
Afterwards, the index is expected to do a wave 4 pullback in 3, 7 or 11 swings before further upside is seen. We don’t like selling it & expect buyers to appear in 3, 7 or 11 swings against 23817 low.
Nikkei (Japan Stock Index) *So, now you know it is BearishIt is true that xxxjpy pairs should be a long-term down-trend and so is Nikkei.
Now. I am seeing a potential oversold situation, as a lot of noobs has jumped in the sell wagon and it 'may be' time for a swing up to hunt their stop.
So, if you are looking into short. Stay light.
I expect it shall back go down sooner or later. Stay Alert guys.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We,Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Japanese Market Recession. Calling top.The fib 1.618 extension happened jan 1. Japanese growrth has been a major issue for some time, partly due to their populations age distribution. This may be why USD.JPY has been holding up so well given the context of the dollar index in general.
Funds will flee these markets and buy into US markets, thus sparking the return from EUR.USD 1.4 peak and so on.
Looking for 50% retrace, whatever that green arrow is.
Nikkei Japan Stock Index (5/2/18) *Now Watch Out ThisDid you follow our previous 2 analysis? t has hit our 2nd TP level.
Now, pay extra attention to 22482 to 22868 level. That region is supposed to be a strong support level.
That region may offer some hard support.
ANd once that region is cleared, it is gonna fall further.
Time to make some serious money.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery dot com is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
Japan's stock market may be poised to break higherThe chart shows monthly bars on the NIKKEI 225 future. The index is returning to the 21000 key level, a level its failed to surpass since 1992. Price is above its 52 week Moving Average, and momentum is up for the only second time since the 1980's.
Whilst the rest of the Worlds post Global Financial Crisis recovery began in 2009, Japan's was delayed until the massive stimulus by Prime Minister Abe in 2011. This was offset by a JPYUSD fall in almost perfect sync. Interestingly the recent rally in 2017 has been positively correlated to JPYUSD, demonstrating that the rally is driven by higher inflation and growth expectations, building a solid case for further gains.
In summary the case for a Japan bull market is:
1. Improving earnings outlook with a strengthening domestic economy
2. Currently attractive equity valuations compared to developed market peers
3. Inflation picking up
4. Continued monetary stimulus
Nikkei (25/1/18) *This baby is getting weak!Now Nikkei has broken a hidden serious of 23,900 level.
We now need to watch out 23,600 level strong and it can swing back down lower.
Be careful though, WE ARE STILL IN OVERALL BULL TREND.
23,000 level will be a strong support.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery dot com is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
short at 23600 for target 23000 old support so is 580 pipsshort the nikkei at 23600 as all stock ,in oberboght + euphoria,maybe the mast rally before a big correction,but for now i will wait the real signal and play just sup and res
But true that is very crazy in stock market like just in feb 2016 you put just 10 000$ on nikkei who was around 14500 and now 2 years after at 23500//humm you get a big jacpot and same for all other stock just they down a little you buy again...totally a buble and for my view when it will corect strong will be a crach
short at 23600
target 23000
gain 600 pips
NIKKEI 1h Supply - Weekly Reversal Pattern: SHOOTING STAR!All Trade Parameters shown on the chart. Short setup on 1h Supply. Level on top of level scenario. I personally would combine both since we have a high Risk:Reward ratio on that trade anyways. Weekly Reversal Pattern with a shooting star! Looks like we reached the High of the Year. If we don't come back up to the 1h supply zones highlighted we MUST BE SHORT below the shooting star low and manage our risk accordingly!
Sayonara YEN, Hello US$ - USDJPYThere are 4 attempts that the price action tried to breakout from the 618 FIB level but without much success. The 4th one (July 2017) hit the upper channel line and collapsed to 107.48 from the high of 114.44. Wow, that is a nice 6% profit or 700 plus pips.
Now, pay attention the 5th attempt that it tries to break out from the 618 FIB level. 2 things to take note : 1) The price has breakout nicely from the upper channel, i.e. 112.73 level. 2) Weekly charts show the decrease in selling and buying has taken over (see the candles). It also shows a nice ABC pattern with the C pattern forming in process. It should hit 125.78 to align with the peak in June 2015. Of course, this is a tall order and may take many months to fulfil.
The yen has to be weaken further to benefit the exporters of Japan and this is in line with what Mr Abe wants as well. Take a look at Nikkei 225, it has recently break out the psychological high of 21,000 (50% FIB level on the monthly chart)and now sits at 22681.40. There is a positive co-relation between this index and USDJPY if you do a comparison. I expect some profit taking on Nikkei 225 in the short term which means USDJPY is likely to be sold off in the short term. Watch 112.95 to 113.12 and monitor if it will rebound from this price zone.
If it breaks 112.95 (support level or the cup and handle pattern), then it will goes further south towards 112.77 (50% FIB level).
It is a buy for USDJPY but not now, watch the price action on lower time frame and let it tells you what action to take. Patience pays.
Short at 21470 target 21000 ahead of japan EclectionI short eh Nikkei who is in a very uprigh (vertical) wedge ahead of japan election buy the tumoir sell the news.
also the 21500 not seen since years and was monthy resistance
Overbougth sale as the dowkone and sp500 i think we are in a capitlisazion market or bubble is when the market price only the good news and nevermind of any bad news like he is waterproff to any bad news on geopolitical and also economy topic.
and have 2gap to be filled around 21000 and 20850
short at 21470
target 21000 in 2 step
with 2 opening position ,and will close the first position at my first target 21250
Stop loss 21660
RR 1/2.5