Nikkei average fails to rise for 17 days in a row! On the daily chart, the ceiling sign finally lights up!

The real economic situation diverged from the Nikkei Stock Average's sustained gains, which continued to rise, marking the longest streak of 16 consecutive advances on October 24.

However, on the following day, the market finally pulled back, and it did not reach 17 consecutive advances.

Even with the “Top-Bottom Chart MT4,” at the point where 17 consecutive advances were not achieved,a white sign lighting up in the topping zone

appeared on the daily chart.

Going forward, there remains the possibility of a second top or a third top, but

one can say that the turning point in the topping zone was accurately captured.

Nikkei Average Daily Chart (JPN225 CFD)

Nikkei Average 1-Hour Chart (JPN225 CFD)

Nikkei Average 15-Minute Chart (JPN225 CFD)

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“Top-Bottom Chart MT4” FX Trading Signal Tool