ARTICLE SYNOPSIS...After meeting stiff resistance from its March high, the Nikkei gapped down and broke support to reverse a 12-month uptrend. At the very least, we can expect a retracement of this big rally.
ARTICLE SYNOPSIS...The Nikkei is trying to firm near its March lows, but momentum has yet to turn up and traders should watch for a signal line crossover in the MACD.
ARTICLE SYNOPSIS...The Nikkei seems to have bottomed out for a while; look to enter a breakout for a decent move.
ARTICLE SYNOPSIS...Dropping beneath a four-month trendline and its 50-day moving average, the Nikkei 225 Index just keeps falling, and falling, and falling . . .
ARTICLE SYNOPSIS...The Nikkei broke out of the 11,000 level the last week of February 2004 and held that level, moving sideways throughout the correction in the global markets. It is now breaking out from a consolidation at the 11,600 level, ahead of all other markets.
ARTICLE SYNOPSIS...It's no surprise there is a correlation between the Nikkei 225 index and the Japanese yen. Find out how you can exploit this correlation using this intermarket divergence system