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Nikkei 225 Index finishing primary wave a, chances for a rebound

Long
NIKKEI 225 (TVC:NI225)  
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TVC:NI225   NIKKEI 225
Trend Analysis Wave Analysis Nikkei 225 CFD Indices japan
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trendanalysis waveanalysis ni225 indices japan
The Japan index has been in a super-cycle corrective pattern since the beginning of 1990 and it is currently finishing primary wave A of a possible triangle pattern . If the end of wave a is confirmed, prices will move up in a counter-trend path, before continue downwards in wave C.
Commento:
We changed or wave count due to the last move down in the index from Feb 2020. Primary wave C from cycle wave 2 is under way in its last intermediate wave 5 leg. When the move is complete, a cycle wave 2 will complete and prices will enter a long term trend up in cycle wave 3 up.
Commento:
Commento:
We changed the wave count, but maintained the forecast, see the newer post at
NIKKEI 225 - new highs ahead
Trade chiuso: obiettivo raggiunto:
Prices achieved 15% of gains in 8 days since post
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