(CercleFinance.com) – The Nikkei index ended the week with a fall of -2% (and up to -2.6% during the session at 38,774) towards 38,992 and posted a negative weekly score of -3.4% ( the -4% mark had been crossed in the morning).
The index invalidates its medium-term upward trend with the break of 39,450, the closing of the ‘gap’ of 38,808 on March 15 not having caused a saving rebound.
A clearly bearish signal would be validated below 38,500, towards the ‘gap’ of 37,825 of February 4 then 36,195 of February 7… then 36,550, the former zenith of January 22.
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