Thursday, 30 May 2013

Nikkei Plunges Another 5%

hello,

the last time in the media and on the Internet began to spend a lot of time for Asia, particularly Japan. So I decided to also take one entry describing the current situation on the Nikkei Index.

In the past few days we are watching the correction, but the upward movement may resemble the earlier movement, which we observed from April 2003 to July 2007, which lasted four years and three months.

The current trend started in March 2009 and if it take as much time as the previous move should be completed in June 2013.

However, this is only my own analysis and during the time when governments and central banks to intervene strongly on the markets in the entire financial history of the world. Each scenario is possible so you should always remember about SL.

Nikkei Index, W1

best regards,
oscarjp



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