EconomicsGlobal

Bears Coming for the #Nikkei?

TVC:NI225   日经平均指数Nikkei225
It appears that bearish sentiment is popping up in the #Nikkei #NI225 as the new year begins.

This can be seen through the fact that i) price has fallen out of the (Green) Upward Channel, ii) the bearish divergence (Green Trend Lines) between the price and RSI, and iii) a bearish MACD.

As we get back to normal next week, time will tell as to how this trend will play out.

$Nikkei $NI225 $Nikkei $USDJPY #USDJPY $NK_F $EWJ $JPNL

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