Nikkei 225

The Japanese stock market has completed 1/4 wave triangle pattern and started wave 5 up. The breakout point should be above 29,930. Once we close above that prices should continue towards 30 highs. That's right, 30 years is a long time since the all-time high was last made in 1990 a level that we are getting closer to every month. The all-time high was 38,947 made on the last day of 1989.