Wednesday, 11 July 2018

Nikkei 225

The Nikkei 225 presents a classic 5 wave pattern for all to see. Wave 5 concluded in sync with the commencement of Quantitative Tightening (QT) and global trade re-balancing. The textbook target for this cycle correction (C4) is in the vicinity of P4 suggesting that an extended C-wave should now be expected. 

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