Stock have been bullish for the past 10 days and many folks are expect the bull rally to continue. We follow the charts and this is what it says:
1) NIKKEI is overbought on H4 and have created a double top with divergence.
2) There is a big pattern to sell which is being retested.
3) A smaller shark pattern has appeared
4) We will sell with the stop loss above 32800.
The target is a big drop which means stocks will need to go down at the end of this week or early next week.
1) NIKKEI is overbought on H4 and have created a double top with divergence.
2) There is a big pattern to sell which is being retested.
3) A smaller shark pattern has appeared
4) We will sell with the stop loss above 32800.
The target is a big drop which means stocks will need to go down at the end of this week or early next week.
