MMA Weekly Report Nikkei Average Stock Price By Raymond Merriman Dec.14 2020
【Notice】This year's final issue will be the December 28 issue, and the January 4 issue will be a休休.
1. Review
Last week's market closed 98 points lower than the previous week at 26,652. The week's high was 26,894 on Monday the 7th, and the week's low was 26,327 on Tuesday the 8th. Therefore, although the lows underpinned the weekly downside, the close exceeded it, triggering bullish sentiment. However, this closing price not only surpassed the Weekly Trend Indicator Point (TIP) for six consecutive weeks, but last week also updated the year-to-date high again following the previous week, so the underlying trend remains an 'uptrend.'
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