Stock Talk Kabushiru 2/15's 225 Futures / Technical Points & Outlook [Approaching a breakout to 28K, GC of 25-day MA and 75-day MA are close]
225 Futures / Technical Points and Investment Stance
Ultra-short term, short term (futures) — this week's outlook is discussed from a medium-to-long-term perspective as well.
※ Providing technical points to indicate where the turning points are and where upside resistance and downside support lie.
Short selling ratio 40.1% ⇩ (13th 43.7% 10th 46.4% 9th 43.3% 8th 44.6% 7th 41.7% 6th 44.0%)
Advances/Declines Ratio (6-day average) 119.50 ⇧ / Neutral Advances/Declines Ratio (25-day average) 130.15 ⇧ / Overbought (Active trading)
Guideline: Oversold 70 or below; Neutral 70–120; Overbought 120 or above
Comments on 225 Futures
Having breached yesterday's high and approached the 10-day high but unable to surpass it, the downside concerns seem to recede, while a creeping, gradual pattern is likely to continue.