Nikkei 225 Index finishing primary wave a, chances for a rebound

Mar 17, 2020

The Japan index has been in a super-cycle corrective pattern since the beginning of 1990 and it is currently finishing primary wave A of a possible triangle pattern . If the end of wave a is confirmed, prices will move up in a counter-trend path, before continue downwards in wave C.

Mar 21, 2020

Note

We changed or wave count due to the last move down in the index from Feb 2020. Primary wave C from cycle wave 2 is under way in its last intermediate wave 5 leg. When the move is complete, a cycle wave 2 will complete and prices will enter a long term trend up in cycle wave 3 up.

Mar 21, 2020

Note

Apr 6, 2020

Note

We changed the wave count, but maintained the forecast, see the newer post at

May 14, 2020

Trade closed: target reached

Prices achieved 15% of gains in 8 days since post