Today 9 AUG 13, 11:45 AM
WEEKLY TREND : DOWN
DAILY TREND : DOWN TO SIDEWAYS.
The weekly chart of the Nikkei 225 is clearly formed lower high, which is indication of short term down trend in chart. The fall of the price is with strength and huge volume. The volatility of the price has increased, you can see from increased bar sizes. All this points to one thing, that we are in short term down trend on weekly chart.
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