... And that's without even the currency differential factored in! (... which should add an additional +8%-13% to the down-side.)
This spread currently sits right at the Quarterly Pivot. As it stands, under even the most unlikely circumstances (worst case scenario) this spread, the Short DJIA / Long Nikkei225, is a 4.5:1 R/R trade. A trade that anyone should take, especially if one finds oneself being forced to stay long equities - for some inexplicable reasons.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.