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Pair Trades on the Nikkei - Free

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  • Pair Trades on the Nikkei - Free

    Looking at short Nikkei 225 and go long SP500 long term since more momentum will be shifting over to U.S equities.
    My take is long term if the U.S engine have greater days ahead we will know what is value here.

    Looking towards earnings with great prospect of a major swing on the momentum towards the West.

  • #2
    Nikkei moves up on a weekly timeframe. The price has fixed above the lines Tenkan and Kijun. Stochastics below 80, which means there is potential to drive the price up. I read the chart in such a way that the downward movement started from the support of Kijun. And now the Nikkei is moving up.

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