Nikkei (Nov 14)

Nikkei stuck in a huge upward looking trading channel. chart: investing.com

Nikkei update March 2, 2015

NIKKEI on a fresh 15-year high on weaker JPY (helping exports) and China’s interest rate cut (lifting risk appetite). The short-term trend is up as long as NIKKEI trades higher than 18.500. Dips should be bought, but the impressive non-stop rise from the January low (16.600) has created overbought market conditions. A retest of the […]