Nikkei 225

Nikkei - How do you keep your head above water amid volatility, watch the higher time frame and give it enough weightage. The Japanese index fell more than I thought but all it has done is complete wave 4. Not as a triangle but as a flat. Wave B was a triangle and wave C now completed at the lower Bollinger band on the weekly chart below. We bounced off that support at 27531 and should resume the larger degree trend.