Friday, 20 July 2018

S&P 500 v Nikkei 225

The wave 1 of this S&P 500 chart is extended whereas the Nikkei wave 1 is not. The Nikkei chart shows alternation of the corrective waves whereas the S&P 500 does not. Let us avoid unnecessary confusion - the Nikkei has clearly concluded the bull run and so has the S&P 500.

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