We believe that Nikkei as other major indices is forming a long-term topping pattern(black circle).In terms of the topping pattern of 2006-2007 we are at the pink arrow(55 week Exponential Moving Average support)
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Using past price action as a guide...a possible pathway for Nikkei is the following:
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Using past price action as a guide...a possible pathway for Nikkei is the following:
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