MMA Weekly Report Nikkei Stock Average By Raymond Merriman Apr.12 2021
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https://www.toushinippou.co.jp/
1. Retrospect
Last week the Nikkei Stock Average closed down 85 points at 29,768 from the previous week. The week's high was 30,208 on the 6th (Tuesday). The week's low was 29,516 on the 8th (Thursday). The week's high exceeded the resistance line, but the market cooled and closed below, triggering a weak signal. However, the closing price still surpassed the Weekly Trend Indicator Point (TIP) for two consecutive weeks. Nonetheless, the overall bias remains “neutral.”