Nikkei: +0.67% to 31,269, tests 31,460 during the session


(CercleFinance.com) – The Nikkei regains 0.67% and ends at 31,269… but having gained up to +1.5% during the session at 31,466 (at the closing level of 10/15… or August 18).

This rebound does not call into question the continuation of the corrective movement initiated on 12/10 below 32,500.
The index seems well on its way to testing the floor of 30,526 on October 4 at the risk of seeing a medium-term correction begin towards 29,426 (ex-‘gap’ of May 12).

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