Nikkei bounce of the broadening wedge support

Nikkei bounce to lead higher

 

Nikkei tested the long-term broadening wedge support 26000 and bounced strongly. It was a bounce similar to what happened before twice in 2021 and a break above 27000 will open more upside and a test of 28000.

Note: look for the long trade entries with the stop loss below 26500

“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn

 

Nikkei bounce off the support

 

 

 

 

 

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