Reason for long bias:
1. Clear uptrend
2. Weaker yen means better returns for listed companies therefore this index should strengthen?
Reason not to take:
1. clearly a range has formed. so we might get a reversal to 1640
How will I play this?
If price breaks my 16894 level then I will be looking for signals to go long.
1. Clear uptrend
2. Weaker yen means better returns for listed companies therefore this index should strengthen?
Reason not to take:
1. clearly a range has formed. so we might get a reversal to 1640
How will I play this?
If price breaks my 16894 level then I will be looking for signals to go long.