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Nikkei 225 Technical: On the verge of a potential multi-week corrective decline
Yesterday’s daily “Shooting Star” candlestick coupled with today’s long-body daily bearish candle increases the odds of a bearish breakdown below the 50-day moving average. Ongoing minor decline from the 1 August high of 33,490 high has reached an oversold condition, an imminent minor bounce may occur first before a potential new down leg. Key short-term […]...
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Posted: Aug 2 2023, 07:21
Author Name: marketpulse
Views: 0808100