Japan = Nikkei

5 Sep 2015 ‚óŹ 05:18 AM

I have not covered this market for a while because it was holding out longer than normal in the 5th wave. But we can now see a 5 wave fall developing that should be wave A of a larger decline that will end in 3 waves in wave C. The question is how far down. The rise was 5 waves over 2 years so now a 50% retracement to the 4th wave low near 13500 or a 16.8% retracement to 13000 are open levels to go to.


Comments (0)


Latest Articles