ikkei-225 : As shown in the normal lower limits speculative selling pressure will resume again when the downward trending momentum is strong enough to penetrate through the barrier at 8760 //8849.
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Melbourne Qindex 13:34 GMT March 14, 2011
Nikkei-225 (NK, CME) : Heading Towards 8849: Reply
Nikkei-225 (NK, CME) : Heading Towards 8849
The monthly cycle charts indicate that the next downside targeting range is 7729 - 8476. A strong downward trending momentum will continue when the market is able to trade below the weekly cycle normal lower limits at 9065 // 9117. The first member of the normal lower limits is 8849.
Monthly Cycle Reference / Normal Lower Limits : 2837 - [3313] - [3865] - 4722 - 5812 - [7225]- 8170 - 8304 - 8760 - 8849 - 9065 - 9117
Nikkei-225 : Monthly Cycle Charts
http://www.qindex.com/nikkei-html