Wednesday 12 June 2013

Accumulating Nikkei index as it cross above 13000

Dear Friends,

As what we explained, we predicted that Nikkei may have already bottomed. We mentioned last week on radio FM958 that we expect Nikkei to have a strong support at 12800. We do expect Nikkei to have a rebound from its recent sharp fall.

Recently days have shown Nikkei consolidating as we mentioned, stabilized a bit and have moved up. Mid Term wise, we think this index is worth a look.


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