NIKKEI: time to sell

2019년 1월 23일

The price of the index in the last two sessions has touched the resistance set at 20900 points, recovering over 1600 after the minimum marked between 25 and 26 December. The price remains bearish: after the high recorded in October 2018, in the short/medium term has remained almost constantly below the intersection of the main EMA, the key resistance level for attend inversion. After the recovery of these first days of 2019, the price seems to have found (in the static resistance at 20900) a point of restart on the downside: if the EMA 20 periods was broken down (at this time passes for the 20540 points) you could think of a short entry with targets below 18,000 points.
The publication of tonight's monetary policy should help this trend, despite not expecting a change in interest rates, the governor of the Japanese central bank could make investors understand that even the expansionary policy implemented for years could change, as all other central banks are trying to do.

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