NIKKEI 225 stock index is trading at 21463. The stock index is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in NIKKEI 225. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 21800, from which it is expected to try to rebound the quotations of the stock index and development of a bearish trend with a target to falling near 20100. Earlier, a weak signal was received for the sell of the NIKKEI 225 stock index, due to the crossing of the signal lines at the level of 23900.
NIKKEI 225 forecast & analysis on February 16, 2018
The cancellation of the variant of falling quotations of the stock index will be the breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes above the area of 22600, which indicates a change of the bearish trend in favor of bullish. Expect to accelerate the fall in quotations of the stock exchange index NIKKEI 225 costs with the breakdown of the lower border of the channel and closing below the level of 20500.