"A column currently published on Toyo Keizai ONLINE!" The Nikkei Stock Average has moved up through its trading range!

Hello, this is Matsushita.

Yesterday, the Nikkei Stock Average closed above the consolidation range with a breakout.

This marks a completion of the breakout above consolidation.

To the investors who are buying and holding domestic stocks,

that’s great, isn’t it?

It feels like a small sense of relief,

as unrealized gains rise and unrealized losses

improve,

which is a welcome milestone for investors.

This rise was a “breakout above consolidation,”

and technically, it was a movement that could be anticipated in line with theory.

This is not a post hoc explanation.

In fact, in a column published more than a month ago on September 16 in Toyo Keizai ONLINE,

“Will Japanese stocks keep rising in the future?”

it stated that

“as of September 15, the Nikkei Stock Average is on an upward trend.”

And it continued,

“This will continue until clear material or news appears to negate it.”

It also stated.

In other words, after September 15, there was no clear material, news, or price movement that would negate the prior rise,

and the rise continued, leading to yesterday’s breakout above consolidation.

If you had bought the Nikkei 225 on September 15, with yesterday’s rise,

your unrealized gains would have expanded.

(This is possible through 225 futures or mini futures trading.)

In reality, you would trade in a calm, straightforward manner.

The content explained in the above column from September 16 is

one of the most fundamental forms of technical analysis,

trend analysis based on confirming the movements of highs and lows.

And since technical analysis is a theory backed by probability through historical validation,

such movement occurs with a certain probability and yields profits at that time.

Therefore, analysis of technical indicators and price movements is not a complicated, magical thing,

but a basic, concrete process of confirmation and action carried out repeatedly.

Regarding yesterday’s breakout above consolidation of the Nikkei Stock Average,

the widening of unrealized gains and recovery of unrealized losses

come from clear reasons, so please recognize this as your advantage and translate it into profits.

From here on, it would be nice if the breakout above consolidation leads to

an uptrend formation.