Japan The
Nikkei
225 is headed for another test of support at 15200.
Medium
Term: The index has a solid base at 15200, having respected the support
level 4/5 times. However, the lower high at [E] is bearish and
Twiggs
Money Flow (21-day) is again testing the zero line. Other signs to look out
for are a break of the 100-Day MA or the long-term trendline.
The Big
Picture: The Nikkei remains in a primary up-trend, but a close below 15200
would reverse to a down-trend.
