Shou Juriko's Ascentism - Contemplating how far the Nikkei Average will rise from here~
Hello. I am Akiko Shiro, the Kirameki Chartist.
It's already the leisure season, isn't it? Have you all gone out to see the autumn colors?
With the leaves turning at their peak from now on, it should be exciting!!
Today I will write about the next targets for the Nikkei Stock Average.
Recently, after the drop in August, it has rebounded since September.
In such a situation, it is important not only to say “Yay!! it went up, I’m happy,” but also to think about how high it could go next.
It becomes important to consider this thereafter.
We will refer to previous highs, etc., but this time we will use the calculation N, D, E values.
Now, let's think from the Nikkei 225 daily chart.
Calculations are done from June 15 to October 25 on the daily chart.
Kirameki Chart is here
N value is 23,422 yen.
V value is 22,333 yen.
E value is 24,400 yen.
From this, in the short term, it is predicted to aim for around 23,300 yen.
Furthermore, if we take N, V, and E values over a longer period
Let's look at the Nikkei daily from December 2018 to October 25, 2019.
N value is 23,524 yen.
E value is 26,046 yen.
V value is 24,520 yen.
This becomes the target range.
Below, the downward target is around 21,000 to 22,000 yen.
From here, be sure to keep the up and down targets in mind!!
I post daily trades on my blog. Please take a look as well.
The blog is here ↓
https://ameblo.jp/bikabubikabu/
Then I will update again.
Next, I will check next week's monitored stocks.