The Nikkei is seen to have moved into the Intermediate (C) wave of the expected Primary [A] wave of the Cycle degree correction. This index has already seen a 19 year Super Cycle degree correction from 1990 to 2009. The expected target is [4].
Applying the Elliott Wave theory - JSE charts at: jsecharts.blogspot.co.za/ - click on an image to enlarge. Qui tacet concentire videtur
Showing posts with label Nikkei 225. Show all posts
Showing posts with label Nikkei 225. Show all posts
Monday, 30 September 2019
Thursday, 22 August 2019
Nikkei 225
The Nikkei has been in the big bad bear since Oct 2018. Not as long as SA has been. To collect the good behaviour award it can be expected to complete a replication of the previous [a] wave.
The completion of the first Primary wave is still some distance away.
Friday, 7 June 2019
Nikkei 225 Index (weekly)
The data for the Nikkei 225 index produces a 19 year long super-cycle bear trend followed by a 10 year cycle order bull. The correction underway is cycle II with nominal target of Primary [4]