I believe that the Nikkei is putting in a major lower top.
The last column of Xs topped out at 11800 which is 200pts
lower than the March high of 12000ish. This last column of
Os should not have exceeded 3 boxes if it was to stay
bullish. This week will be interesting for the Japanese
market since it is a holiday week (Golden Week) and there
will be a limited amount of trading.
stockcharts.com
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 X |High| 11,800.00
11,750.00 | | X O X X O | | 11,750.00
11,700.00 | | X O X O X O | | 11,700.00
11,650.00 | | X O X O X O | | 11,650.00
11,600.00 | | X X O X O X X O | | 11,600.00
11,550.00 | | X O X O X O X O X O | | 11,550.00
11,500.00 | | X O X O X O X X X O X O | | 11,500.00<
11,450.00 | | X O X O X O X O X O X O X | | 11,450.00
11,400.00 | | X O O X O X O X O X O | | 11,400.00
11,350.00 | | X O O X O X O X |Avg | 11,350.00
11,300.00 | | X O X O X O X X | | 11,300.00
11,250.00 | + | X O X O X O X O X | | 11,250.00
11,200.00 | + | X O O 4 O X O X | | 11,200.00
11,150.00 | + | X O X O X O X | | 11,150.00
11,100.00 | + | X O X O O X | | 11,100.00
11,050.00 | X + | X O O X | | 11,050.00
11,000.00 | X O + |+ X O X | | 11,000.00
10,950.00 | X O + |X + X O X | | 10,950.00
10,900.00 | X O +|X O + X O |Low | 10,900.00
10,850.00 | X O |1 O + X | | 10,850.00
10,800.00 | X O X |X O + 3 | | 10,800.00
10,750.00 | X O X O |X O + X | | 10,750.00
10,700.00 | X O X O |X O + X | | 10,700.00
10,650.00 | X O X O |X O + X | | 10,650.00
10,600.00 | X O X O |X O + X | | 10,600.00
10,550.00 | X O X O X |X O + X | | 10,550.00
10,500.00 | X O O X O X |X O + X | | 10,500.00
10,450.00 | X O X O X O|X O + X | | 10,450.00
10,400.00 | X O X O X O|X O X | | 10,400.00
10,350.00 | O O O|X O X X | | 10,350.00
10,300.00 | O|X O X O X X + | | 10,300.00
10,250.00 | O|X O X O X O X + | | 10,250.00
10,200.00 | 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 + | | 10,150.00
10,100.00 | | O O X O X O X O X + | | 10,100.00
10,050.00 | | O O O X O X + | | 10,050.00
10,000.00 | | 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 + | | 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
9,350.00 | | | | 9,350.00
9,300.00 | | | | 9,300.00 |
