Japan’s Nikkei Average
I wanted to highlight what the Japanese market is doing and how it too is on the cusp of turning into a down ward trend. And if the Nikkei turns to a down trend then it is additional weight pulling ours down as well. See the chart of the Nikkei below…
The Nikkei has broken below a multi year trend. A drop below 15500 would signal a down ward trend is likely.
More on this topic
(What's this?)
Japan: Past the Point of No Return By Vitaliy Katsenelson
(market folly, 2/25/10)
The Japanese Economy: All The Reasons You Don’t Want To Invest In Japan Right Now
(Investment U, 12/18/09)
4 REASONS WHY JAPAN COULD BE A GOOD 2010 CONTRARIAN BET
(THE PRAGMATIC CAPITALIST, 1/6/10)
