Stock Talk Kabushiru (Kabu) 17th 225 Futures / Technical Points & Outlook [Speed adjustments advancing, FOMC in sight, aiming for the usual March bottom]
225 Futures / Technical Points and Investment Stance
Ultra-short term, short-term (futures) — the weekly outlook for this week is discussed from a mid to long-term perspective as well.
※ Technical points are listed to convey where the key levels are for upside resistance and downside support.
Short selling ratio 46.8% ⇧ (15th 45.5% 14th 46.3% 13th 44.7% 10th52.7%9th 38.9%)
Advance/Decline Line (6-day average)47.92 ⇩ / Low liquidity Advance/Decline Line (25-day average) 107.04 ⇩ / Neutral
Guidelines: Oversold (low liquidity) 70 or below; Neutral 70–120; Overbought (hot) 120 or above
Comment on 225 Futures
On the 17th, toward the end of the week, 225 futures have been struggling to advance; the futures that opened at 8:45 did not recover to 27,000 yen even once and started to falter, and as of 10:00, the price hovered around 26,870 yen with a seesaw movement.