June 3, 2019 Trend 800 Nikkei 225 deviation is rapidly decreasing [From Mr. Tetsuo Inoue's e-mail magazine]
GogoJungle presents a partial excerpt from Inoue Tetsuo'sinvestment newsletter "Trends in the Market" from what was distributed today.
“Three days after sensing a ‘bad smell,’ the Nikkei Average fell by 658.95 points, or 3.1%, and as noted in ‘Sign,’ (as with the Dow) three of the five buy signals lit up. During last month’s decline, only one day had all five Nikkei signals lit for buy, but in the end, the condition of ‘two full buy days within three trading days’ was not met, and a quantitatively defined buy signal did not materialize, which might have been the correct outcome.”
"Trends in the Market" (Inoue Tetsuo)quote.
The Nikkei Average continues to decline following Trump's remarks last weekend. If this downward trend continues, a “quantitative” buy signal seems likely to appear. (Editorial staff)
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