Nikkei right in front of a dangerous seasonality: June #JGBubble
As Kuroda's main kamikaze-aim is to trash the Yen @ a rate of 60 bln$ per month, by pushing inflation regardless of the risks, the Nikkei is acting in a full Giffen good move heading to 16k. It would not be the first time for June to become a top for the Japanese equities. Weekly RSI @ 94 is way overbought and unprecedented in at least 20yrs.
Aviso legal
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