I keep getting asked how high will the stock markets go? My answer is.....I DON'T KNOW! I'm not a fortune teller after all! Just your humble little chart analyst! And My analysis is has been telling me that the Nikkei should retrace in a wave (4) now. Actually, I had advised my followers to sell this back in November of last year. Been holding that SELL since then while watching it slowly inch upwards. Sticking to my initial analysis back then that said to SELL, it is now looking again very much like a corrective wave (4) is about to start. Its a better trade than when I sold this back in November. Just put the stops above the wave (3) highs and you got a good risk:reward trade.
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