Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Nikkei-225 (NK, CME) : Heading Towards 8849

ikkei-225 : As shown in the normal lower limits speculative selling pressure will resume again when the downward trending momentum is strong enough to penetrate through the barrier at 8760 //8849.


Melbourne Qindex 13:34 GMT March 14, 2011
Nikkei-225 (NK, CME) : Heading Towards 8849: Reply
Nikkei-225 (NK, CME) : Heading Towards 8849

The monthly cycle charts indicate that the next downside targeting range is 7729 - 8476. A strong downward trending momentum will continue when the market is able to trade below the weekly cycle normal lower limits at 9065 // 9117. The first member of the normal lower limits is 8849.

Monthly Cycle Reference / Normal Lower Limits : 2837 - [3313] - [3865] - 4722 - 5812 - [7225]- 8170 - 8304 - 8760 - 8849 - 9065 - 9117

Nikkei-225 : Monthly Cycle Charts

Messages In This Thread

Re: Nikkei-225 (NK, CME) : Heading Towards 8849