Mentorship

Mentorship

Japan

28 Oct 2014 ‚óŹ 09:59 AM

The Nikkei index remains the one hotspot in Asia. The JPY falling in value is the stimulus designed to bring inflation and the Japanese stock market out of its 20 year long slumber. So it has already caused the index to break out of the falling trendline from 1990. The running triangle that has just completed is signalling the start of wave 5 up. It could go to 19000 or even 20000. Simultaneously also expect the JPY to fall against the dollar and keep up the pressure on the dollar index.

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