SonicDeejay

Nikkei Japan Index (29/12/17) *Calm Before a BIg 2018 storm

OANDA:JP225USD   Japan 225
We are in prolong sideway movement in Nikkei, It is a sure sign of extreme ranging.
If you use Bollinger band which is not useful or rather a pretty useless one, it will show you sideways tight range too.

It is making a small bullish higher high for now, but it doesn't really say of the extreme bullishness.

Watch important levels such as 23100 or 23400 level.
As long as they are not broken up yet, the bear can still kick in sometimes and early 2018 is very likely.



Trade Safe

s0nic


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