Nikkei Forecast July 30, 2014, Technical Analysis » Fx Empire …
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The Nikkei gapped higher at the open again on Tuesday, going higher in closing above the ¥15,600 level. Because of this, we feel that this market continues its march higher, heading towards the ¥16,000 level given enough time. We think that pullbacks will continue to offer buying opportunities, and that the ¥15,400 region will be supportive on pullbacks. Selling at this point in time is something that we have any interest in, and as a result will continue to be bullish of this market going forward. It is not until we break down below the ¥15,000 level that we would even consider selling.
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Nikkei Forecast July 30, 2014, Technical Analysis » Fx Empire …
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