Nikkei 225 Technical: On the Verge of a Potential Multi-Week Corrective Decline

<p>Yesterday’s daily “Shooting Star” candlestick coupled with today’s long-body daily bearish candle increases the odds of a bearish breakdown below the 50-day moving average. Ongoing minor decline from the 1 August high of 33,490 high has reached an oversold condition, an imminent minor bounce may occur first before a potential new down leg. Key short-term […]</p>
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