Daily BriefsQuantitative Analysis

Daily Brief Quantitative Analysis: Nikkei 225 Started To Trend Up: Where to Buy the Dip? and more

In today’s briefing:

  • Nikkei 225 Started To Trend Up: Where to Buy the Dip?


Nikkei 225 Started To Trend Up: Where to Buy the Dip?

By Nico Rosti

  • After spending the last few months going nowhere, the Nikkei 225 INDEX may have started to trend up in September 2024, now showing a series of progressively higher WEEKLY highs.
  • Currently the Nikkei 225 is pulling back (two weeks down in a row at the moment of writing), but this has to be confirmed at the Close, on Friday.
  • This pullback could be an opportunity to add positions at a favorable price and ride the uptrend to a new high > 40398 (latest high from 2 weeks ago).

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