Nikkei - As long as below 17575 in close, it could fall 10%
Japan is very important to monitor.
The end of the story on the QE experiment may be that there is a point from which it does not work.
The resistance at 17800 has held overall.
Right now it does not look good: it trades below monthly pivot and is breaking through support.
It could easily ride down.
Trade: short 10% aum - stop 17575 on close.
The end of the story on the QE experiment may be that there is a point from which it does not work.
The resistance at 17800 has held overall.
Right now it does not look good: it trades below monthly pivot and is breaking through support.
It could easily ride down.
Trade: short 10% aum - stop 17575 on close.