Nikkei 225

by | Friday, March 6, 2020 - 3:44am

The Nikkei has been going sideways around the Fibo 50% level for three years now. Also, it has created a significant support line (green). Based on weakening world economy, the effects on the coronavirus etc., NI may be getting ready to cross below. Can be an easy trade for at least several thousand points.

Nikkei Stock Average 225

NI (WI) – 1 Week Bar Chart – JPY

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