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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
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Monday, March 29, 2021

Japan's Nikkei 225 Buyers Drying Up

* See UPDATE below...

It looks like the buying in Japan's Nikkei 225 (JP225) began drying up in December, 2020, according to the Balance of Power indicator shown on the following monthly chart.

A drop and hold below 29,000 could see price drop rapidly to 24,000, or even 20,000.

Precisely what catalyst could cause such a sharp, swift selloff remains to be revealed.


* UPDATE March 30...

Catalyst?...


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