【Nikkei】【Jsdap】 Nikkei-225 Back To 20,000 Again
Previous,
Nikkei-225 was close to 20,000 on early-Apr, and over 20,000 on mid-Apr. Then
the golden week was come, and Nikkei-225 back to 19200 after long vacation. I
don’t really what’s going during golden week. I still trying to figure out what
was happened. But yesterday and today, Nikkei back to 20,000 again. Does it can
stably higher than 20000 for a long time?
I have a
confidence that this may be possible. Firstly, Nikkei didn’t jump over 20,000
just by one or two day. We can think Nikkei accumulated one month’s power to
overcome 20,000 points. Secondly, we can see the volume of Japan stock market
is going up. This means the price was going up with “support”. The support
power can let the Nikkei point not going down so quickly when some traders want
to be profit-taking. Thirdly, from currency change rate, Nihon en (Japanese
dollar) still on cheaper site compare to 1 year ago, and the price of oil still
on the low side. From these evidence, I believe the Nikkei will keep over 20000
for a while.
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