iShares MSCI Japan Index Fund
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EWJ Straddle/Trade plan

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Although EWJ is not the most popular fund among retail traders, the creation of a neutral position on it at around 800,000$ suggests greater interest on the part of professional market participants, and thus we can expect fairly predictable moves at support/resistance borders.
Nota
The resistance level is traded without rebound. Based on that, the probability of further price move higher increases significantly.
Nota
As we pointed out yesterday, there are signs of resistance level retracement with the target for further growth of the asset. The sentiment was released, giving us a 1.8% gain yesterday

Penafian

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