The content translated to English, keeping the HTML format and no line breaks introduced: MMA Weekly Report Nikkei Stock Average By Raymond Meriman Sep.14 2020
1. Review
Last week's market closed at 23,406, down 201 points from the previous week. The week's low was on Tuesday, September 9, at 22,878. The week's high was on Thursday the 11th at 23,412. Therefore, although the weekly low pierced the downside support line, it recovered by the close, which was a bullish trigger. Furthermore, this close surpassed the Weekly Trend Indicator Point (TIP) for five consecutive weeks, so the underlying trend remains an “upward trend.”
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