NIKKEI 225 forecast for the week May 16 — 20, 2016


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Quotes stock index NIKKEI 225 complete trading week near the level of 16490. At the moment, this structure represents a downward movement of the head and shoulders pattern, which implies a drop in prices NIKKEI 225v area at a local minimum index below 15,500 Cancellation option of the fall of the Nikkei will be a strong growth of quotations and the penetration level of the upper border of the channel, in this case it is necessary to move to the bovine variant forecast NIKKEI 225. Also, there is the daily chart of the index NIKKEI 225 formed a descending pattern of 1: 1, which is able to push the index to new lows levels.

NIKKEI 225 forecast for the week May 16 — 20, 2016

NIKKEI 225 forecast for the week May 16 — 20, 2016

Thus, NIKKEI 225 forecast for the week May 16 — 20, 2016 suggests an attempt to continue the drop in prices as part of the beginning of the descending pattern head and shoulders.

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