Hello Friends,
the Nikkei failed to mark a new High, as the TOPIX did on July 20! This little divergence is still in place and it looks like it was the entry in a corrective move on lesser degree in both Indexes (look my update to the TOPIX an July 18)! As long the Level of
20318.1 (Nikkei) and 2066.95n (TOPIX) the is still in place, the door is open to 19856 and below to 19756 (NIK)! This level will be the door opener for the Level around 19450 area!
As befor. In my view the NIK and TC 0.52% are still in progress to much higher Highs.
Have a great week
rubennase
the Nikkei failed to mark a new High, as the TOPIX did on July 20! This little divergence is still in place and it looks like it was the entry in a corrective move on lesser degree in both Indexes (look my update to the TOPIX an July 18)! As long the Level of
20318.1 (Nikkei) and 2066.95n (TOPIX) the is still in place, the door is open to 19856 and below to 19756 (NIK)! This level will be the door opener for the Level around 19450 area!
As befor. In my view the NIK and TC 0.52% are still in progress to much higher Highs.
Have a great week
rubennase