The stock index NIKKEI 225 is trading at 22252. The index is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud. This indicates the presence of a bullish trend on NIKKEI 225. As part of the course runs of the stock exchange index for tomorrow. Ichimoku Kinko Hyo signal lines are expected to test near the level of 22050. Where should we expect an attempt to rebound the stock index quotes and continue to grow in order to rise near the level of 22745.
NIKKEI 225 Prediction and Analysis April 18, 2019
An additional signal in favor of the growth of quotations of the stock index will be the test of the lower limit of the upward channel. The second signal in favor of growth will be a rebound from the gentle border of the ascending channel. Previously, a strong signal was received for BUY the stock index NIKKEI 225. The signal was obtained by crossing the signal lines at the level of 21690.
Cancellation of the growth of quotations of the stock index will be a breakdown of the lower border of the Ichimoku Kinko Hyo Cloud with the closing of quotations below area 21280. This will indicate a change in the upward trend in favor of a downward trend and continued decline. Expect to accelerate the growth of quotations of the stock index NIKKEI 225 stands with the breakdown of the resistance area and closing above the level of 22350.
NIKKEI 225 Prediction and Analysis April 18, 2019 implies an attempt to test the support level near the area of 22050. Where should we expect the NIKKEI 225 price rise to continue with a potential target near the 22745 level. It is expected to continue the decline in quotations.