The Nikkei Is Entering the Expected Range for a Wave 2 of Intermediate Degree

The Nikkei ($NI225) has entered the expected range for wave two of intermediate degree. The move down is so far composed of 3 waves so may finish anytime that it would like to. A plunge significantly deeper than the orange box would begin to cast doubt on this interpretation, but I believe we should expect continued upside once the correction has completed.

NI225


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If the World Indices Were About to Get Destroyed, We Wouldn’t Be Seeing This

In my opinion, if we were on the cusp of a massive problem, the Nikkei ($NI225) wouldn’t be doing this. Not even close.

NI225


Note: When my work is first published on this website, it is made available to patrons who support my work through my Patreon account. Over time (usually after a period of a few months), I make the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page.