The Japanese stock index is looking positive in the short-term according to the Ichimoku analysis. Following the steep drops in the first two months of the year, the index has traded broadly in a range between the 14775 and 17760 levels. The more recent high was 17160 in early September. The current price is 16760, which is above the cloud and both the Tenkan-sen and Kijun-sen lines. These are all positive indications. If the Tenkan-sen line (red) manages to cross [..]
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