Sansei Ichime Yamito ・ Tetsuo Hosoda Will the Nikkei 225's range-bound market continue?
The Nikkei Average has been in a fairly long consolidation phase since early June.
A two-wave pattern will continue through next week, but I think the market will stay in a consolidation. As long as it does not exceed 23,400–23,800 yen, it seems reasonable to view it as a consolidation around 22,500 yen, or as a continuation of the consolidation that began in early June.
And so on, we are presenting analyses based on the Ichimoku Kinko Hyo chart.
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