With another down day on Thursday, the Nikkei 225 ($NIKK) has now declined seven days in a row.
Even though it is getting short-term oversold, it looks like a medium-term downtrend is taking shape. The index could eventually retraced 50% of the March-June advance.
Even though it is getting short-term oversold, it looks like a medium-term downtrend is taking shape. The index could eventually retraced 50% of the March-June advance.
No comments:
Post a Comment