surfingmarket

Nikkei weaker than expected. wash out possible.

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OANDA:JP225USD   Japan 225
The scope of nikkei is the weakest among the global equity. It is expected as the nikkei is in a X wave rather than 5th wave like other major indexes.
However, the sharp decline today flash warning sign of another washout low. The pitchfork should hold.
If by any chance it breaks, the whole wave count should be expanded. That is very unlikely though.

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