Strike Analytics

Nikkei

10 May 201705:27 AM

The Japanese index making a new high now counts as impulsive and so it changes the markings from 2009 onwards into a 5 wave rise. We are in the 5th wave. This can have two efffects. Shorter term wave v=i can point to 20900 however the larger structure allows for a bigger move up. 5=1 is as far as 24000.

nikkei-100517

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