The unsettled buying balance of arbitrage trading at TSE

23 juin 2019

.. is about 0.54 trillion yen, the lowest level since Feb 14th 2019 and Dec 27th 2018 (and July 2016) where you know what happened.

That is, longs can outweigh shorts soon, although technical and fundamentals indicate otherwise.

I am not sure what will trigger this move to upside... Maybe US-China trade deal, maybe Abe will declare snap election with intention of stopping GST hike..
but most likely coordinated rate cuts & QE by central banks

23 juin 2019

Note

It will start with sell off this week but as long as June low holds, it can move higher towards 23700.

27 juin 2019

Note

The balance is at t 0.3963 trillion yen, the level not seen except in Sept 2016 and March 2009.

Japanese stocks are ready to bottom and move higher. Get ready.

29 juin 2019

Note

Comment: According to the positions, it was extreme and in fact the indices were supported into the G20 Osaka.

An outcome of the meeting between Trump and Xi will carry the indices higher including Nikkei.

Nikkei will test 23700+ and eventually break above 2018 high in coming weeks.

30 juin 2019

Note

21600++

short term target: 21945~22365

1 juil. 2019

Note

Keep buying dip

9 juil. 2019

Note

keep buying...

check out the latest weekly analysis

11 juil. 2019

Note

Just buy any dips

25 juil. 2019

Note

The latest balance is 0.4099 Trillion yen.

Keep buying dip if you want to make $

1~4HR target: 22650

25 juil. 2019

Note

Target 22550