Sunday, November 11, 2007

$NIKK - Nikkei 225


Off big after the worldwide drop in August but had rebounded with a counter-trend rally that failed at SUPPORT TURNED RESISTANCE...As of today's trading, the Index had fallen below the August lows on a stronger YEN against the USD...Just as a note, 14,500-ish is the 50% fib retracement of the previous 05/06 rally...

***UPDATE*** - 01.14.08 - $NIKK FALLS BELOW 14,000

No comments:

Post a Comment