Stock index NIKKEI 225 is trading at 23843. The NIKKEI 225 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in NIKKEI 225. The stock exchange’s quotes are expected to fall to the level of 23550, from which it is expected to try to increase quotations of the stock index and bullish trend for growth near the level of 24400. Earlier, a strong signal was obtained for the buy of the index NIKKEI 225, due to crossing of the signal lines at the level of 23250.
NIKKEI 225 forecast & analysis on January 10, 2018
An additional signal in favor of the upward trend will be the test of the support area. The cancellation of the growth of quotations of the stock index will be the breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below the area of 22770, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations of the stock exchange index NIKKEI 225 costs with the breakdown of the local maximum area at the level of 24220.