Dow Jones Japan Index is testing long-term support at 50.00. 13-Week Twiggs Money Flow oscillating around zero indicates uncertainty; reversal below zero would warn of rising selling pressure. Breakout below 4800 would offer a target of 35.00*.
* Target calculation: 50 – ( 65 – 50 ) = 35
The Nikkei 225 Index is headed for a test of 7000* after breaking support at 9000 on the weekly chart.
* Target calculation: 9000 – ( 11000 – 9000 ) = 7000
Dow Jones South Korea Index is consolidating between 360 and 410 on the daily chart. 21-Day Twiggs Money Flow below zero warns of strong medium-term selling pressure. Downward breakout would offer a target of 290*.
* Target calculation: 360 – ( 430 – 360 ) = 290
Well hello Colin from the Middle Kingdom.
Have ben here two weeks and already things are moving.
Sounds like your business is interesting. Here all is vibrant although the coat of living is steadily rising.
The poor are getting poorer and of course social aspects then come into play.
Always better to appear middle class I feel , with intellectual aspirations.
Things I am doing are challenging for the mind again and dont involve “wheres my stock”
Keep the faith and the hands in the pockets.
JFM
Hi John, Good to hear from you. Please keep in touch. Is the property market as precarious as reported? Regards, Colin