Evaluate the nine-week bullish run; whether it will break above March 2 by May 17 is important — 三世一目山人

Nikkei Stock Average Comment2017year5month2day

This week's Nikkei Stock Average2trading days.

Therefore todayMay2closing price will be the weekly close, but the9-week chart that turned bullish last week is now showing two straight bullish weeks this week.

Four weeks up, Four weeks down, and so far we have two weeks up, but next week above 19,545, and the following week above19,416, May's fourth week will be above19,071, and the9-week bullish run will continue.

Even if it turns negative next week, it is unlikely that the downward streak will continue, which is something we can anticipate.

Therefore, broadly speaking, the market does not appear to be at a stage of a major crash; we will consider whether it will continue to drift in a range or start a renewed uptrend.

As for the change date, we emphasizeMay17 as a key date,FromtheAprillow,the17th day isMay12

thirdIn May's andthirdfourth week the weekly baseline and conversion lines cross aroundweeks are important.18,800, underscoring the importance of the market level from the first week of2015 March; the fourth week will be the117th week.

April26 day E-value,May1 day N-value,which20082 still fall within the range of a consolidation, thus is an unmet E-value; if May17 day you surpass3 month2 day, the time margin up toJune23

In May and June movements, if the level19,705

alsoFirst of all, turn favorable. whether it can surpass

The dollar-yen will have May2

I don't expect a drastic decline, but a dollar rally is not feasible at the current position (please check the equilibrium chart).

If there are significant changes during the holidays, I will comment again.