Nikkei - Another lost decade

20 Jul 2017 ‚óŹ 07:19 AM

Is Japan heading for another Lost decade. This chart suggests so. At the fag end of a 5 wave rise, the entire move from the 2003 low to date is looking like an expanded flat. If true then what follows next is another 3 wave decline in wave Y down to the lower end of a long term channel. Unless of course Japan finally hyperinflates its economy. Another lost decade? Lets see. We need a confirmation that wave 5 of C up ended.


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