Bears Coming for the #Nikkei?
It appears that bearish sentiment is popping up in the #Nikkei #NI225 as the new year begins.
This can be seen through the fact that i) price has fallen out of the (Green) Upward Channel, ii) the bearish divergence (Green Trend Lines) between the price and RSI, and iii) a bearish MACD.
As we get back to normal next week, time will tell as to how this trend will play out.
NIKKEI NI225 NIKKEI 
USDJPY #USDJPY NK_F 
EWJ 
JPNL
This can be seen through the fact that i) price has fallen out of the (Green) Upward Channel, ii) the bearish divergence (Green Trend Lines) between the price and RSI, and iii) a bearish MACD.
As we get back to normal next week, time will tell as to how this trend will play out.
NIKKEI NI225 NIKKEI USDJPY #USDJPY NK_F EWJ JPNL
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.