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  1. Nikkei 225 Technical Forecast for May, 2016: bullish ranging reversal or ranging bearish?

    by , 04-26-2016 at 03:03 AM
    Weekly price is on bearish market condition located below Ichimoku cloud for the ranging within 17,736 resistance level for the ranging bullish reversal and 15,321 support level for the bearish trend to be continuing. Chinkou Span line is located below the price for the ranging bearish, and Absolute Strength indicator is estimating the trend as the secondary ranging in the near future.

    If W1 price will break 15,321 support level on close W1 bar so the primary bearish trend will be ...