NIKKEI Keeps Pushing Higher

2 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

Dear traders,

The NIKKEI price is extremely bullish, making the NIKKEI the strongest Equity in the markets. I expect the uptrend continuation.

We can clearly see a huge uptrend in all time frames. The POC zone 28378-28464 is the zone where we expect the price to bounce. There is a trend line which supports the uptrend and all the patterns suggest we might be seeing a continuation if the price remains above 28000. Targets are 28870, 29000 and 29324. A drop below 28000, will be a sign of a deeper correction but still it is uptrend.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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