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Will the Nikkei Stock Average take a “small pause” like Jones industrial average at Trump market?

pepperminting / Pixabay

Jones industrial average on November 16th finished at $ 18868.14, which was 54.92 (0.3%) lower than that on the precious day. Jones industrial average suddenly rises too much. The stock prices continued to rise for 7 consecutive business days in a row. I think that selling adjustment of the profit fixing was once happened to the bank-related stock prices which had been rapidly rising.

【S&P 500 Retreats as Post-Election Rally Shows Signs of Fatigue】
http://www.bloomberg.com/news/articles/2016-11-16/u-s-index-futures-little-changed-as-investors-assess-trump-gain

The probability that the rise of t today’s Nikkei Stock Average will also be adjusted like that of Jones industrial average

In a daily chart, Jones industrial average has a negative line, but the upward trend will continue still. Although Jones industrial average fell compared to that of the previous day, it has received the support of the rise by the 5-day moving average line. Also, the 50-day moving average line and the 75-day moving average line seem to be golden-crossed. I think that selling adjustment will happen once for Jones industrial average, but there is a high possibility that it will continue to rise.

It is highly likely that the Nikkei Stock Average on November 17th will be pushed down by selling adjustment. Like the American market, the stock prices of the bank might decline. We also need to pay close attention to selling adjustment of the stock prices of export related companies. The exchange rate has fluctuated to the dollar depreciation against the yen at 1 dollar = 108 yen level.

Next investor’s attention is on interest rate hike in December.

In this week, I guess that Jones industrial average will slightly fluctuate, because news about the interest rate hike in December might be reported. Let’s check the weekly investment schedule frequently. Some lectures and a congressional testimony by FRB top officials are scheduled.

Weekly Investment Schedule (November 14th ~)

Nonetheless, the expectation that the interest rate hike will be determined at the Federal Open Market Committee (FOMC) on December 13 and 14 has been already included into the world market. Even if FRB top officials imply the interest rate hike in December, the impact to the world market is considered to be limited.

【WSJ Survey: Most Economists See Fed Raising Rates in December, In Wake of Trump’s Election】
http://jp.wsj.com/articles/SB10043214266851864327604582436430543411506

We should continue to focus on changes of investor’s sentiment and stock price fluctuations.

Caution
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.

Thank you,

k-zma

Nikkei Stock Average supported by depreciated yen @ Trump market.

geralt / Pixabay

The Nikkei Stock Average on November 16 finished at 17,862.21 yen, which was 194.6 yen(1.1%) higher than that on the previous day. There were two factors of the rise of the Nikkei Stock Average.

1. As the American interest rate rose, the exchange rate fell to the yen against the dollar and the stock price of export related companies rose.
2. As the long-term interest rate in Japan rose, the stock prices of banks rose.

【Asian Shares: Japanese Banks Rise Sharply】
http://www.wsj.com/articles/asian-shares-japanese-banks-rise-sharply-1479265191

How long will the yen’s depreciation against the dollar continue?

As for the exchange rate, 1 dollar = 110 yen has come into view. However, you should not forget that the next American president Trump might insist on “dollar depreciation”. Actually, Trump tried to insist on “dollar depreciation” in the television debate of the American presidential election. When “the yen appreciates the dollar weak” remarks, I think that the exchange rate will fluctuate to the dollar depreciation against the yen at a stretch.

Mechanism of the yen depreciation against the dollar @ Trump market.

The mechanism of the yen depreciation against the dollar in the Trump market is as follows.

1. Trump politic leads to tax cut & infrastructure investment.
2. As issuance of government bonds in the US is expected, interest rates are rising.
3. Meanwhile, the bank of Japan will continue the zero interest rate policy with the adjustment of the yield curve.
4. The difference of interest rates between the US and Japan will expand.
5. As selling the yen and buying the dollar proceeds, the exchange rate fluctuates to the yen depreciated against the dollar.

Attention is required to how far this mechanism continues. We do not know when Mr. Trump will refer to “dollar depreciation” policy.

The rise of the Nikkei Stock Average is caused by the rise of the mega bank’s stock price.

The trading value of the first section of the Tokyo Stock Exchange is estimated 2.856 trillion yen, which is approaching to 3 trillion yen, which can be said as a standard for large trading. The momentum of the rise of the Nikkei Stock Average is very strong. Especially, the momentum of the stock price rise of the banks is remarkable. In a trading price ranking, the 1st place is Mitsubishi UFJ, the 2nd place is Mitsui Sumitomo, and the 3rd place is Mizuho. It can be said that the stock price rise of the banks pushed up the Nikkei Stock Average.

Caution
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.

Thank you,

k-zma

Crude oil price boost! Trump game continues!

WikiImages / Pixabay

Jones industrial average on November 15th finished at $ 18923.06, which was $ 54.37(0.3%) higher than that on the previous day. Record highs on a closing price basis are updated for 4 consecutive business days in a row. The main factors of the rise of Jones industrial average are the following two points.

1. Continuation of Trump effect due to high expectations for Trump’s plans.
2. Investor’s expectation for oil production reduction agreement on OPEC.

【Torrent of Cash Flowing to U.S. Stocks Abandons Lockstep Moves】
http://www.bloomberg.com/news/articles/2016-11-15/s-p-500-futures-inch-ahead-as-investors-speculate-on-trump-plans

【Oil Jumps Most in Seven Months as OPEC Members Seen Pushing Deal】
http://www.bloomberg.com/news/articles/2016-11-15/oil-rebounds-from-8-week-low-as-opec-said-to-work-to-secure-deal

What we need pay attention to is the investor’s expectation for the OPEC reduction production agreement. The news on production reduction agreement has been running for the past 6 months, but it is so uncertain. Special care is required for concerning factors that are uncertain and easily affect stock prices.

Trump plans ongoing acclaimed!

Today’s Nikkei average stock price is likely to rise as well. Following the rise of Jones industrial average, the Nikkei Stock Average futures CME (yen denominated) also finished at 17,900 yen. And also, the exchange rate fluctuates to the yen depreciation against the dollar. If the dollar keeps 109 yen while Japanese markets open, it will be a strong boost to the rise of the Nikkei Stock Average.

【Dollar Extends Post-Election Advance Versus Yen on Retail Sales】
http://www.bloomberg.com/news/articles/2016-11-15/dollar-falls-from-5-month-high-versus-yen-on-view-gain-too-fast

Next investor’s attention is on interest rate hike in December.

In this week, I guess that Jones industrial average will slightly fluctuate, because news about the interest rate hike in December might be reported. Let’s check the weekly investment schedule frequently. Some lectures and a congressional testimony by FRB top officials are scheduled.

Weekly Investment Schedule (November 14th ~)

Nonetheless, the expectation that the interest rate hike will be determined at the Federal Open Market Committee (FOMC) on December 13 and 14 has been already included into the world market. Even if FRB top officials imply the interest rate hike in December, the impact to the world market is considered to be limited.

【WSJ Survey: Most Economists See Fed Raising Rates in December, In Wake of Trump’s Election】
http://jp.wsj.com/articles/SB10043214266851864327604582436430543411506

We should continue to focus on changes of investor’s sentiment and stock price fluctuations.

Caution
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.

Thank you,

k-zma

The Nikkei Stock Average supported by Trump effect.

geralt / Pixabay

The Nikkei Stock Average on November 15 finishted at 17,768.15 yen, which was 4.47 yen(0.03%) lower than that on the previous day. It can be said that the momentum of the rise of the Nikkei Stock Average and the pressure of the selling- adjustment were balanced. The trading value was estimated 2,586.8 billion yen. Still, the momentum of the rise of the Nikkei Stock Average is really strong.

The momentum of the rise in stock price is due to the rise of megabank stock prices. The rise in the American interest rates due to Trump politic has led to the rise of the megabank stock prices. The final profit decline of the three megabanks did not significantly affect investor’s sentiment.

The reason for the adjustment selling is that the dollar depreciated against the yen in the exchange rate. I think that correction to the depreciation of the yen had occurred.

Recently, the Nikkei Stock Average is suddenly rising, and in the exchange rate the yen plummets too much. The Nikkei Average stock price today and the exchange rate seemed to take a “small pause”.

The Nikkei Stock Average take a small pause, but the momentum of the rise continues.

In the daily chart, the Nikkei Stock Average was placing a cross line. Generally, it is said that the cross line represents “an unsettled mood”, by which we can’t know whether the stock price will rise or fall. However, if you look at the movement of the Nikkei Stock Average so far, the cross line in this case is highly likely to be an adjustment sign for a sharp rise of the Nikkei Stock Average. Unless something big happens, I think that the Nikkei Stock Average will rise again, waiting for the 5-day moving average line to come closer.

Next investor’s attention is on interest rate hike in December.

In this week, I guess that Jones industrial average will slightly fluctuate, because news about the interest rate hike in December might be reported. Let’s check the weekly investment schedule frequently. Some lectures and a congressional testimony by FRB top officials are scheduled.

Weekly Investment Schedule (November 14th ~)

Nonetheless, the expectation that the interest rate hike will be determined at the Federal Open Market Committee (FOMC) on December 13 and 14 has been already included into the world market. Even if FRB top officials imply the interest rate hike in December, the impact to the world market is considered to be limited.

【WSJ Survey: Most Economists See Fed Raising Rates in December, In Wake of Trump’s Election】
http://jp.wsj.com/articles/SB10043214266851864327604582436430543411506

We should continue to focus on changes of investor’s sentiment and stock price fluctuations.

Caution
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.

Thank you,

k-zma

Even crude oil price & observation of interest rate hike are not matter of Jones industrial average rise.

rewind / Pixabay

Jones industrial average on November 14th finished at $ 18868.69, which was $ 21.03(0.1%)higher than that on November 11th. The momentum of the rise in Jones industrial average weakened a little due to selling adjustment. As expected, the decline of the crude oil price (WTI crude futures price) called for the selling adjustment.

Trump effect still lasts!

【Bond Rout Eats Into the One Remaining Valuation Case for Stocks】
http://www.bloomberg.com/news/articles/2016-11-14/bond-rout-eats-into-the-one-remaining-valuation-case-for-stocks

【Oil Recovers From Eight-Week Low as OPEC Diplomats Work Overtime】
http://www.bloomberg.com/news/articles/2016-11-14/oil-holds-losses-near-seven-week-low-as-iran-lifts-production

Next investor’s attention is on interest rate hike in December.

In this week, I guess that Jones industrial average will slightly fluctuate, because news about the interest rate hike in December might be reported. Let’s check the weekly investment schedule frequently. Some lectures and a congressional testimony by FRB top officials are scheduled.

Weekly Investment Schedule (November 14th ~)

Nonetheless, the expectation that the interest rate hike will be determined at the Federal Open Market Committee (FOMC) on December 13 and 14 has been already included into the world market. Even if FRB top officials imply the interest rate hike in December, the impact to the world market is considered to be limited.

【WSJ Survey: Most Economists See Fed Raising Rates in December, In Wake of Trump’s Election】
http://jp.wsj.com/articles/SB10043214266851864327604582436430543411506

We should continue to focus on changes of investor’s sentiment and stock price fluctuations.

Caution
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.

Thank you,

k-zma

Trump effect still lasts!

geralt / Pixabay

Jones industrial average on November 11th finished at $ 18847.66, which was $ 39.78 (0.2%) higher than that on November 10th. Mainly, stock prices of financial affiliates rose. There are two factors of the rise of the stock prices.

1.Stock prices of financial affiliates, such as banks and securities, rose due to expectations for easing the American financial regulation (elimination of the Dodd-Frank Act).
2.Insurance-related stock price rose as long-term interest rates in the US rose.

【S&P 500 Halts Rally, Small Caps Surge as Election Winners Sought】
http://www.bloomberg.com/news/articles/2016-11-11/s-p-500-futures-fall-as-trump-policies-in-focus-apple-retreats

Will Jones industrial average be selling-adjusted?

I expect that Jones industrial average to be sell-adjusted. In charts, Jones industrial average has gone up too suddenly. Jones industrial average has risen sharply, largely separating the 5-day moving average line. Selling adjustment will reduce the difference between Jones industrial average and the 5-day moving average line. As a factor of selling adjustment, the decline in crude oil prices(WTI crude oil futures) is raised.

【Oil Falls to Eight-Week Low as OPEC Output Gain Threatens Accord】
http://www.bloomberg.com/news/articles/2016-11-10/oil-falls-as-pressure-builds-on-opec-to-act-amid-growth-forecast

Don’t take care of “Demo” against Trump and Park

As a factor of the selling adjustment, there are also protest demonstrations to the next American president Trump and Korean president Park. However, I think that it will be a quite limited selling adjustment factor as long as I see the impact of the demo after Brexit.

[Protests Against Donald Trump Spread Across the U.S.]
http://jp.wsj.com/articles/SB11842517604067003472604582427372220372612

【South Korea’s Clintonian Scandal】
http://jp.wsj.com/articles/SB11002196903013144810404582409321543410202

Mid-term and long-term investors seem to be returning to Japanese markets by Trump effect

The Nikkei Stock Average finished at 17,772.62 yen, which was 297.83 yen(1.7%) higher than that on the last weekend. The factors of the rise in the Nikkei Stock Average are the following two points.

1.The yen weakened against the dollar in the exchange rate as interest rates in the United States rose by the expectation of Trump politic.
2.Preliminary figures for Gross Domestic Product (GDP) exceeded the expectation of investors.

The trading value was estimated 2,649.9 billion yen. Trading is getting exciting, following the momentum of the rise of the Nikkei Stock Average since last weekend. This momentum is really strong.

Thanks for Trump effect! The reise of the Nikkei Stock Average is real!

Even in charts, the Nikkei Stock Average has strong signs to rise. The following are the signs of the rise of the Nikkei Stock Average.

○The signs of the rises of the Nikkei Stock Average
・The 5-day moving average line and the 25-day moving average line are golden-crossed.
・The 13- week moving average line and the 52-week moving average line are golden-crossed.
・The 200-day moving average line is coming upward.

Because the Nikkei Stock Average has been suddenly rising, I think that the Nikkei Stock Average slightly declined by selling-adjustment this week. It seems to be a big chance whether you can successfully set a long position when the stock price has declined.

Caution
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.

Thank you,

k-zma

Trump effect led Jones industrial average to record!

geralt / Pixabay

Jones industrial average on November 10th finished at $ 18807.88, which was 218.19(1.2%) higher than that on the previous day. The factor of the rise of Jones industrial average was that the news on the elimination of the Financial Regulatory Reform Act (Dodd-Frank Wall Street Reform and Consumer Protection Act) by the next President Trump had improved investor’s sentiment.

【Dow Record Comes in Market Radically Polarized by Trump Victory】
http://www.bloomberg.com/news/articles/2016-11-10/u-s-index-futures-signal-more-stock-gains-on-trump-policy-bets

In charts, Jones industrial average has some signs of a very strong rise. Below are signs of the rise of Jones industrial average. I would like to measure the timing so as not to miss the rise in stock price.

○Signs of the rise of Jones industrial average
・In the daily chart, the 5-day moving average line and the 25-day moving average line are golden-crossed.
・In the weekly chart, it is highly likely that Jones industrial average will get out of the 13-week moving average line and the 26-week moving average line with entities of candlestick this weekend.
・In Ichimoku Kinko Hyo, it is highly likely that the conversion line will golden-crossed the reference line to become Sanyakukouten(three good roles).

The Nikkei Stock Average is strongly rising by Trump effect!

The Nikkei Stock Average on November 11th finished at 17,374.79 yen, which was 30.37 yen(0.18%) higher than that on the previous day. Bellow are the factors of the rise in the Nikkei Stock Average.

・Stock prices of financial affiliates such as banks and securities rose due to expectation for easing the American financial regulation (elimination of the Dodd-Frank Act).
・Insurance-related stock prices rose as long-term interest rates in the US rose.
・In the exchange rate, yen weakened against dollar as the long-term interest rate in the US rose.

The buying and selling price was estimated to be 3,615 billion yen on an approximate basis, indicating a big deal. Although the Nikkei Stock Average was lowered by the position adjustment and the sale of the profit fixing due to the weekend, the momentum of the rise of the Nikkei Stock Average is very strong.

The signs of the rise of the Nikkei Stock Average has appeared.

In the daily chart, the Nikkei Stock Average has a negative line. However, in the weekly chart, the 52-week moving average line functions as a support line for the rise of the Nikkei Stock Average. In addition, the golden cross of the 13-week moving average line and the 52-week moving average line might come soon. That is why you can expect the rise of the Nikkei Stock Average.

Caution
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.

Thank you,

k-zma

Reduced Trump risk causes Jones industrial average recovery.

Unsplash / Pixabay

Jones industrial average recovery on November 8th finished at $ 18259.60, which was $ 371.32(2.1%) higher than that on November 7th. The factors of the rise of Jones industrial average were that Hillary’s e-mail problem had been solved and the Trump risk was reduced. According to a joint poll by Wall Street Journal (WSJ) and NBC News, Hillary is leading 4 points by Trump in the support rate for the American presidential election.

【Anxiety Drains From Market as S&P 500 Rallies After FBI Letter】
http://www.bloomberg.com/news/articles/2016-11-06/u-s-stock-futures-jump-as-fbi-letter-boosts-clinton-prospects

【Clinton candidate, 4 points lead by latest survey】
http://jp.wsj.com/articles/SB11842517604067003472604582420954211540244

Investors start to take a risk on Hillary’s advantage.

In a daily chart, Jones industrial average had a big positive candle. The next point is whether Jones industrial average can cross over the downward 75-day moving average line. I think there is enough momentum to rise, because of large trading volume.

At first, I thought that the big positive candle was a sign of a short-term rise due to closed trades of short-term investor’s selling position. However, from the point of view of a lot of trading value, investors who saw Hillary as superior set a strong buying.

Just wait for the result of the American presidential election.

The Nikkei Stock Average on November 8th finished at 17,771.38 yen, which was 5,783 (0.03%) lower than that on the previous day. Until the American presidential election is over, we will continue to receive the impression of “wait-and-see”. The trading volume is estimated at 1,077.6 billion, which is less than 2 trillion yen, which is regarded as a standard trading volume.

In charts, the Nikkei Stock Average kept staying at high price and stopped lowering. The Nikkei Stock Average was supported by the 5-day moving average line and the conversion line of Ichimoku Kinko Hyo. The Nikkei Stock Average can’t decide which way to go in the range from 17,000 to 17,300 yen. Needless to say, whether the Nikkei Stock Average will rise or fall depends on the result of tomorrow’s American presidential election.

Caution
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.

Thank you,

k-zma

Hillary’s e-mail problem has been solved! But investor’s stance is “wait-and-see”.

Didgeman / Pixabay

The Nikkei Stock Average on November 7th finished at 17,177.21 yen, which was 271.85 yen(1.6%) higher than that on November 4th. The Factor of the rise of the Nikkei Stock average was that Trump risk had been reduced.

However, buying and selling price was 1,971.7 billion yen, which did not exceed the 2 trillion yen, which is considered a standard trading volume. I think there are many “wait-and-see” investors, who try to design their investment strategy after monitoring the results of the American presidential election.

[FBI Absolves Clinton Again, Two Days Ahead of U.S. Election]
http://www.bloomberg.com/politics/articles/2016-11-06/fbi-says-its-conclusions-on-clinton-s-e-mails-not-changed

Signs of the rise of the Nikkei Stock Average appear!

In charts, we have signs of the rise of the Nikkei Stock Average. The Nikkei stock average has been supported by the 25-day moving average line and the 52-week moving average line. Also, if the Nikkei stock average can keep the 17,000 yen level in this vein, the 13-week moving average line and the 52-week moving average line might be Golden Cross. Although the 5-day moving average line is likely to function as a resistance line against the rise of the Nikkei Stock Average, I think it can come beyond the 5-day moving average smoothly, depending on the rise of Today’s Dow Jones industrial average.

Will Dow Jones industrial average rise after Hillary’s e-mail problem has been solved?

Dow Jones industrial average on November 4th finished at $ 17,888.28, which is 0.2% lower than that on November 3rd. The cause of the stock price decline is that the difference of support rates between Hillary and Trump became narrowed in the American presidential election.

However, FBI director Comey has determined that “(Hillary Clinton’s emails) have not changed our conclusion.” And then, Dow Jones industrial average on November 7th is expected to stop lowering.

[S&P 500 Extends Selloff to Longest Since 1980 as Election Looms]
http://www.bloomberg.com/news/articles/2016-11-04/s-p-500-futures-little-changed-before-payrolls-data-elections

[FBI Absolves Clinton Again, Two Days Ahead of U.S. Election]
http://www.bloomberg.com/politics/articles/2016-11-06/fbi-says-its-conclusions-on-clinton-s-e-mails-not-changed

In charts, Dow Jones industrial average has gone under the $ 18,000 and been gradually falling. As described above, since Clinton’s e-mail problem has been solved, the probability that Dow Jones industrial average stops lowing is high. However, if the investor’s sentiment is not improved enough, I expect that Dow Jones industrial average falls to the 200-day moving average line(around $ 17,770).

Caution
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.

Thank you.

k-zma

Trump shock has made Dow Jones industrial average and the Nikkei Stock Average fell.

PeteLinforth / Pixabay

Dow Jones industrial average on November 3rd finished at $ 17,930.67, which was 0.2 percent lower than that on November 2nd. The cause of the decline is due to investor’s sentiment exacerbated by the news about Trump’s advantage for the American presidential election. Dow Jones industrial average had risen, interweaving Hillary’s advantage.

Although the interest rate hike in December was implied by Ieren, who is a Federal Reserve Chair, it was interwoven into Dow Jones industrial average.

Therefore, news about the American presidential election gave lager impact to Dow Jones industrial average than those about the interest hike in December. It means that most investors are interested in the American presidential election rather than the interest hike in December.

[Stocks Almost Always Rise Before an Election. Not This Year]
http://www.bloomberg.com/news/articles/2016-11-03/another-norm-breaks-in-political-season-as-stocks-drop-into-vote

In the chart, Dow Jones industrial average has been under $ 18,000. The 5-day moving average line might push the higher quotation of Dow Jones industrial average.

The Nikkei Stock Average declined in the speculation of the American presidential election.

The Nikkei Stock Average on November 4th finished at 16,905.36 yen, which was 229.32 yen(1.3%) lower than that on November 2nd. The cause of the decline is uncertainty of the American presidential election by the support rate rise of Mr. Trump, which made investor’s sentiment worse and worse while the Japanese market was closed. Also, exchange rate has fluctuated up to $ 1 = 102 yen latter. Yen continued to strengthen against dollar. The stock price of export-related companies fell mainly.

Close out a long position as soon as the birth of President Trump has been tinged with reality.

In the daily chart, the Nikkei Stock Average significantly fell for the second successive day. 52-week moving average line(about 17,000 yen) did not fully function as a support line. I think that the Nikkei Stock Average will not fall, as long as there is nothing of a great extent, because the 75-day moving average line and the 13-week moving average line is functioning as a resistance line of the decline of the Nikkei Stock Average.
But, the birth of President Trump has been tinged with reality, it is strongly recommended that you should close out a long position. It is not exaggeration that the Nikkei Stock Average might fell by ¥ 16,300 ~ 16,600.

Caution
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.

Thank you.

k-zma