Monday, January 04, 2010

Nikkei- Long term Outlook and Technical View

The long term bear market of Nikkei is likely to bottom out in another few years. It made of high of 39000 in 1990. Since then for the past 20 years, it has been trading below its high. Since 1993, it is forming a long term expanding triangle.



The expanding triangle's last leg 'F' is likely to form in another two to three years. The twenty years bear market in Nikkei is likely to terminate in another few years.

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