After doing a bullish chart analysis of DXJ the currency hedged Japan ETF I decided to add the Nikkei Index to my public chart list. Here’s a quick 2 minute video explaining the ABC move concept I talk about so often:
An initial thrusting move, followed by a consolidation pattern and the resumption of the trend leading into the pattern. In the video I also show how to derive a technical price target for the Nikkei.
Here’s the Nikkei chart I just added to my public list. Click to enlarge:
Always up-to-date Nikkei 225 chart on my public list.
https://www.youtube.com/watch?v=rpQrzJM8zEs
For those who read my website via RSS or email website updates, click the link above to watch the video. Hope you like it!
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