The Nikkei Index traded nervously on Wednesday in front of the Fed's announcement as well as US Non-farm Payroll but knowing it will be closed for the rest of the week due to Golden Week holidays. A number of the exporters did find a way to edge ahead. However, results were limited. The overall Index trend sprang out heavy all be it sluggish.
The Index remains above Mean support of 22077 in the past several days, not the time for retracement just yet- first it must complete Index Rally. However, bears are ready to take over, with Key resistance developing at 22457.
The Index remains above Mean support of 22077 in the past several days, not the time for retracement just yet- first it must complete Index Rally. However, bears are ready to take over, with Key resistance developing at 22457.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.