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Nikkei/USD FuturesAggiornato

Where my 40k NKD target came from & why it could go higher later

I've been giving warnings ever since the c0v1d black swan, and especially since the 25k re-test, that Nikkei will grow wings but here's a seeing-is-believing look at where my 40k target comes from

For sure it could go higher later and break this key resistance but I would expect at least one more re-test of the navy blue channel beforehand

In theory there's no reason why a solid year can't be spent consolidating under that resistance a la 2006

Some very notable calls in recent years:

  • NIKKEI and DJI both to 40k (over 1y in advance)
  • BTC pico bottom at 15k and recent local top at 70k
  • EURUSD pico bottom & DXY pico top at 115
  • USOIL pico bottom at 68
  • SMCI mega breakout at 100
  • NVDA mega support at 120
  • TSLA pico bottom at 105
  • NFLX pico bottom at 165
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markusrafferty
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