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  1. Nikkei 225 Technical Analysis: Ranging Near Bearish Reversal

    by , 07-26-2018 at 03:07 PM
    In the bigger scheme of things, the Nikkei 225 remains in an uptrend when looking at the chart below. You can see it is being supported by a rising trend line dating back to June 2016. However, its progress in 2018 so far has been rather shaky. Thus far, it has been oscillating in a range between 24,180 and 20,278. For it to make its leg move higher, it does face some obstacles ahead.

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    Zooming in on the daily chart shows that the index ...