Chaython

Nikkei broke out of downwards trend.

Panjang
AMEX:EWJ   iShares MSCI Japan Index Fund
I cannot get as clean of lines in TV as I did in yahoo for this index.
i.imgur.com/YCUbvpb.png
I said yesterday it broke out, as it was just over recent downwards trend. (as you can see in the yahoo chart's screenshot, attached is my statement below)
i.imgur.com/Y92PgE8.png
This morning it touched the top of the longer term downwards trend.
29200 was my target, but looking at this TV I see 30130 should be possible.

Further included in Black Rock x Trade Central's bulls of the week was "iShares MSCI Japan ETF (EWJ:NYSE)"
i.imgur.com/a6QVlnO.png
So it is likely Japan will go to the new 30k target if not break out to ATH .

Penafian

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