Sunday, July 27, 2014

Nikkei breaking soon?

Last weekend I have shared with my friends  ascending triangle on HSI and weekly diff.  This week HSI move higher due to China PMI Data.

This week ascending triangle found on Nikkei weekly chart and the chart look similar to HSI but the triangle had a more gentle slope.
 

I will monitor Nikkei more closely and it may break out this week or another 2-3 weeks more.


Diff is one of V3Go technique.  There is a Diff r/l (Resistance line) and Diff s/l (Support Line)

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