Tuesday, July 1, 2014

NIKKEI Forecast and Trade Setup for the week ending 4th July 2014

NIKKEI Forecast and Trade Setup for the week ending 4th July 2014


Daily Chart



  • I haven't updated my analysis since 14th of April 2014 - Back then where I predicted that we could go long and aim for new highs.
  • We are now trading well above the 3 x Moving averages and above the Ichimoku after very strong bullish price action moves.  
  • The next major resistance is our yearly highs and potentially if we broke above that we could aim for 17000






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