Japan was up nearly 300pts tonight. Unfortunately, they are
topping out in a very serious way. It has a pattern that
I would call a "short and hold". I look for these types of
tops. I would give it another 150....maybe 200 points,
tops before it falls again, and this time it will be hard.
IMO, the congestion at 12k wasn't just resistance, it was a
serious top.
my prediction of 12000 top on March 8
Message 17169570
stockcharts.com
12,050.00 | | | | 12,050.00
12,000.00 | | X | | 12,000.00
11,950.00 | | X O | | 11,950.00
11,900.00 | | X O | | 11,900.00
11,850.00 | | X O | | 11,850.00
11,800.00 | + | X O | | 11,800.00
11,750.00 | + | X O X | | 11,750.00
11,700.00 | + | X O X | | 11,700.00
11,650.00 | + | X O X | | 11,650.00
11,600.00 | + | X X O X | | 11,600.00
11,550.00 | + | X O X O X | | 11,550.00
11,500.00 | + | X O X O X | | 11,500.00
11,450.00 | + | X O X O X | | 11,450.00<
11,400.00 | + | X O O X | | 11,400.00
11,350.00 | + | X O | | 11,350.00
11,300.00 | + | X | | 11,300.00
11,250.00 | + | X | | 11,250.00
11,200.00 | + | X | | 11,200.00
11,150.00 | X + | X | | 11,150.00
11,100.00 | X O + | X | | 11,100.00
11,050.00 | X O X + | X | | 11,050.00
11,000.00 | O X O X O + |+ X |Avg | 11,000.00
10,950.00 | O X O X O + |X + X | | 10,950.00
10,900.00 | O X O X O +|X O + X | | 10,900.00
10,850.00 | O X X O X O |1 O + X | | 10,850.00
10,800.00 | O X O X O X O X |X O + 3 | | 10,800.00
10,750.00 | O X O X O X O X O |X O + X | | 10,750.00
10,700.00 | O X O X X O X O X O |X O + X | | 10,700.00
10,650.00 | O X O X O X O X O X O |X O + X | | 10,650.00
10,600.00 | O X X O X O X O X O X O |X O + X | | 10,600.00
10,550.00 | O X O X O X O O X O X O X |X O + X | | 10,550.00
10,500.00 | O X X O X O O X O O X O X |X O + X | | 10,500.00
10,450.00 | O X O X O X O X O X O X O|X O + X | | 10,450.00
10,400.00 | O X O X O X C X O X O X O|X O X | | 10,400.00
10,350.00 | B O O X O O O O|X O X X | | 10,350.00
10,300.00 | O X O|X O X O X X | | 10,300.00
10,250.00 | O X O|X O X O X O X | | 10,250.00
10,200.00 | O X O| O X O X X O X X | | 10,200.00
10,150.00 | O X | O X O X O X O X O X | | 10,150.00
10,100.00 | O X | O O X O X O X O X | | 10,100.00
10,050.00 | O X | O O O X O X | | 10,050.00
10,000.00 | O | O X X O X | | 10,000.00
9,950.00 | | O X O X O X | | 9,950.00
9,900.00 | | O X O X O X | | 9,900.00
9,850.00 | | O O X O X | | 9,850.00
9,800.00 | | O X O | | 9,800.00
9,750.00 | | 2 X + | | 9,750.00
9,700.00 | | O X + | | 9,700.00
9,650.00 | | O X + |Low | 9,650.00
9,600.00 | | O X + | | 9,600.00
9,550.00 | | O X + | | 9,550.00
9,500.00 | | O X + | | 9,500.00
9,450.00 | | O + | | 9,450.00
9,400.00 | | + | | 9,400.00 |
