“East Economic Online column currently available” Is a once-in-15-years opportunity coming?

Good morning, this is Matsushita.

The current Nikkei Stock Average is forming a quite特殊な

price movement.

So-called "triangle consolidation."

I have several familiar keywords,

but

"Consolidation is a chance" is

one of them.

Consolidation, in the market, is an abnormal price movement, and abnormal price movement

will eventually be resolved and return to normal price movement.

The normal movement after consolidation is

the trend.

Because consolidation tends to form a trend afterward,

it is a chance.

So the question is, after this consolidation, will the formed trend be

an uptrend, or

a downtrend?

To obtain this answer, learning the Elliott Wave Principle

provides a precise answer,

and by checking past charts,

you can also discover the answer.

Last year, 2016, although not a triangle,

there was a chance for trend formation after consolidation.

Last year, the consolidation in the Nikkei Stock Average lasted from early February to mid-November.

What triggered the breakout above was

the U.S. presidential election, and from the breakout above the consolidation

a nonstop rise for about a month and a half was formed.

That was the peak period for the biggest gains of last year.

"Consolidation is a chance."

Even now, the possibility of that chance is

before your eyes.

Whether you can make the most of that chance depends on

your preparation.

It would be great if a major trend emerges.