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(CercleFinance.com) – The ‘saloon doors’ sequence continues in Tokyo, after a jump of +1.8% to 39,332, thus doubling last week’s gain of +1.8%, the Nikkei ricochets below 39,560 ( at its highest on Monday) and fell by -1% towards 38,937.
The primary short-term trend remaining positive, the first short-term objective remains the ex ‘gap’ of July 17 at 40,054.
If the decline started on October 8 continues, the next downward targets are also 2 ‘gaps’: the first at 37,794 and the second at 36,675.
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