Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Monday, February 16, 2015
NIKK Nikkei Index Weekly Chart Above 18K First Time Since 2007
NIKK explodes higher as BOJ Governor Kuroda prints yen non-stop sending the yen (XJY) lower, dollar/yen currency pair higher and Japanese and US stocks higher. The NIKK is at eight-year highs wanting to breakout further as traders sniff more central bank stimulus on the way. The central bankers are the market. The Nikkei Index is back to the 2007 market top. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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