Thursday, November 3, 2016

10/28/16 #Nikkei Chart $NIKK #Free

Nikkei Chart
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Nikkei's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in the Matrix for subscribers.

Subscriber Comments


The Nikkei's focused bull opportunity has produced a 0% annualized gain for the bulls since the fourth week of October (see $NIKK Matrix). Disciplined bulls are looking to recover their initial investments as fast as possible while keeping an eye on TIME.

Smart money, a small minority listening to the message of the market, recognizes the decay of TIME as BuST rises above 0 and approaches 2. BuST = -0.6 define a very young trend.

$NIKK Matrix

A weekly close above the 17613 supports the up impulse, while a close below support from 16938 to 17251 could reverse it. A reversal favors testing of lower support.


Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.