Japan’s 225 stock index has staged a 5% rise over the past two weeks to jump above the Ichimoku cloud and reach a nine-week high of 21,554 today. The MACD keeps stretching higher and above its red signal line, spreading hopes that there are more gains in store. The RSI is also in bullish territory (above 50) but seems to be losing steam, a sign that caution may soon return to the market. If the rally continues, the 50% Fibonacci of 21,847 [..]
7 Asset Classes - 16 Trading Platforms - Over 1000 Instruments.