Weekly chart favorable price action, bear engulfing candle- weekly chart- along with bear correction like set up for Nikkei 225 is looking like it will be bearish over the upcoming months. However, the news about the new virus could result in a even steeper bear like movement or- if there's good news- could allow the Nikkei 225 to push past this century's highest...
Can be a buy or a sell, it''ll depend on what goes on this week. There is resistance dating back to 2018 but the trend is till holding. Look for a bearish correction before you decide to buy, Im thinking short term sell and a long term buy.
